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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

Temasek initial response on Thaicom deal positive - Thai minister

Posted on 16 June 2010

From Totaltele.com: Thai government plans to buy Singapore company’s stake for national security reasons. Singapore’s state-owned investment company Temasek Holdings Pte. Ltd. appeared to respond positively when the Thai government discussed its intention in April to buy Temasek’s interest in Thaicom PCL, Finance Minister Korn Chatikavnij said Tuesday.
Temasek subsidiaries own a combined 96.1% stake in Shin Corp. PCL, which holds 41.1% of Thaicom’s shares…………………………………………Full Article: Source

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