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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Temasek raises stake in Philippine casino firm

Posted on 05 June 2013

Singapore’s Temasek Holdings has raised its stake in a Philippine gaming business involved in building a US$1 billion casino-resort project in Manila.
Temasek took its investment in Melco Crown (Philippines) Resorts Corporation to more than 5 per cent, the level at which companies are required to disclose shareholdings, a filing to the Philippine Stock Exchange showed on Tuesday. The shares are held by Temasek subsidiaries………………………………………..Full Article: Source


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