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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Temasek, Khazanah ’sign S$5bln in property development loans’

Posted on 16 March 2012

Singapore investment company Temasek Holdings and its Malaysian counterpart Khazanah Nasional have signed S$5 billion worth of property development loans, according to a person familiar with the matter.
DBS Bank, Oversea-Chinese Banking Corp, United Overseas Bank and Malayan Banking lent S$850 million each, while Australia and New Zealand Banking Group, Sumitomo Mitsui Banking and Bank of Tokyo-Mitsubishi UFJ each pledged S$500 million, the person said, asking not to be identified because details are private………………………………………..Full Article: Source


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