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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Thai Shin Corp: Temasek has no plans to sell Shin

Posted on 11 March 2010

From Reuters: Thai telecoms group Shin Corp said its major shareholder, Singapore’s Temasek Holdings, had no plans to sell its stakes in the Thai firm or in satellite unit Thaicom.

A court ruling on Feb. 26 that former Thai premier Thaksin Shinawatra had concealed ownership of shares in Shin Corp and tailored government policies to benefit Shin has fuelled speculation Temasek might divest some or all of its Shin stake………………………………………Full Article: Source


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