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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Temasek Group pares shin stake with 20.9 bln baht stock sale

Posted on 10 January 2013

Temasek Holdings Pte and its partners sold 20.9 billion baht ($687 million) of Shin Corp. (INTUCH) shares, paring its stake in the company that controls the biggest Thai mobile-phone operator, according to a term sheet.
Singapore’s state-owned investment company and its partners in Cedar Holdings Ltd. offered 330 million Shin shares at 63.25 baht each, according to the term sheet sent to investors………………………………………..Full Article: Source


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