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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek Holdings raises stake in Singapore Airlines to 56pct

Posted on 24 May 2012

Singapore Airlines Ltd. Wednesday said that the island nation’s state investment firm Temasek Holdings has raised its stake in the airline by a percentage point to 56% via a series of open market transactions.
Temasek’s total holding, both direct and deemed, earlier amounted to 55.02% of Singapore Airlines. The stakeholding rose to 56.00% as at May 18 after transactions by Temasek, its units and associates, according to a filing with the Singapore Exchange………………………………………..Full Article: Source


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