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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Singapore - State fund raises stake in Olam to 19pct

Posted on 04 January 2013

Olam International Ltd., which has been battling short-seller Muddy Waters since November, said on December 28 that Singapore state investor Temasek Holdings had raised its stake in the commodities firm to 19% from 18%.
Temasek has been building up its stake in Olam since Muddy Waters launched a scathing attack on the company’s accounting, debt and investment strategy on November 19…………………………………………Full Article: Source


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