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

Temasek II not the way: Lim Hwee Hua

Posted on 12 March 2010

From Asiaone.com: The Government has shot down a suggestion to set up a ‘Temasek II’ government fund that invests in Singapore companies.

‘Such an approach may not be the best way to nurture local companies,’ said Lim Hwee Hua, Minister in the Prime Minister’s Office and Second Minister for Finance and Transport, in Parliament yesterday……………………….Full Article: Source

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