Tue, Apr 21, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Temasek could make a tidy profit

Posted on 28 September 2012

Temasek Holdings would likely rake in more than S$2 billion in profit if it sold its 18 per cent stake in Britain’s Standard Chartered Bank at current prices, a tidy return on an investment which had come in for some criticism.
The government-owned company, which has assets of around S$200 billion, initially got into StanChart in 2006 by taking over the entire stake, amounting to just under 12 per cent, owned by the late hotel and banking billionaire Khoo Teck Puat for some S$6.5 billion………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16112 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2015
M T W T F S S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930