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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

StanChart stake retained

Posted on 19 December 2008

From Straitstimes.com: Singapore sovereign wealth fund Temasek Holdings will retain its 18.8 per cent stake in Standard Chartered after subscribing to a rights issue, the bank said in a statement on Friday.

The British-based bank said Temasek now holds 356.6 million ordinary shares, compared with 268.2 million shares, equivalent to the same percentage it owned before the rights issue. ….. Full Article: Source


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