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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Temasek unit opens bank in first Cambodian investment

Posted on 27 September 2013

A unit of Temasek Holdings Private Ltd has opened a new bank in Cambodia with local partners in the first investment by the Singapore state investor in the country, the Straits Times reported on Friday.
Cambodia Post Bank, which aims to serve the mass market and small businesses, has a share capital of $38 million. Cambodian firm Canadia Investment Holding has a 50 percent stake, Temasek unit Fullerton Financial Holdings holds 45 percent and Cambodia Post the remaining 5 percent………………………………………..Full Article: Source


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