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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CapitaLand says Temasek to buy 40 pct of rights issue

Posted on 10 February 2009

From Reuters: CapitaLand, 40 percent-owned by Temasek Holdings, said on Monday the state investor would subscribe to 40 percent of its S$1.84 billion ($1.23 billion) fund-raising via a 1-for-2 rights issue.

CapitaLand chief financial officer Olivier Lim told a briefing the issue was fully underwritten and counted DBS and JP Morgan among its undewriters….. Full Article: Source


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