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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek ups stake in Olam to 18pct

Posted on 20 December 2012

Temasek Holdings (Private) Ltd has increased its deemed interest in Olam International Ltd from 17 per cent to 18 per cent, Olam said on Thursday in an update. Temasek’s unit Aranda Investments Pte Ltd had from Dec 18 to 19 entered into a series of transactions to purchase an aggregate of about 23.9 million voting shares of Olam.
Aranda purchased another 1,000 shares in Olam for about S$1,540. Through the purchase, Temasek’s deemed interest in Olam increased from 17.99 per cent to 18 per cent………………………………………..Full Article: Source


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