Templeton raises stake in TravelSky Technology

Published: 12 Aug 2009 23:36:10 PST

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Aug. 13, 2009 (China Knowledge) -Templeton Asset Management Ltd, a subsidiary of California-based investment management organization Franklin Resources Inc, recently raised its shareholding in TravelSky Technology Ltd<0696> to 6.01% from the previous 5.99%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.

HKEx said that Templeton on Aug. 7 bought 148,000 shares of TravelSky Technology for HK$800,000. The average share price of the transaction was HK$5.415 apiece.

Shares of TravelSky Technology slid 1.63% to end at HK$5.43 on Wednesday.