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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek to sell Singapore food

Posted on 01 December 2008

From Straitstimes.com: Singapore Food Industries said its majority shareholder, Temasek Holdings , is in talks to sell its stake in the firm. Temasek owns 69.7 per cent of the food manufacturing firm.

There is ‘no assurance that any transaction will materialise from the discussions’ between Ambrosia Investments Pte and the potential acquirer, Singapore Food said in a statement to the local stock exchange….. Full Article: Source


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