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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek buys 200,000 shares in Olam after backing bond sale

Posted on 19 December 2012

Temasek Holdings Pte, Singapore’s state-owned investment company, raised its stake in Olam International Ltd. (OLAM) after earlier this month saying it would back the commodity trader’s bond offering.
Aranda Investments Pte., controlled by Temasek, bought 200,000 shares for S$293,000 ($240,598) yesterday, according to an Olam filing. Temasek’s deemed interest rose to 17 percent from 16.99 percent, it said………………………………………..Full Article: Source


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