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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Temasek’s commodities binge continues

Posted on 17 June 2010

From Corporateobserver.com.sg: From Corporateobserver.com.sg: Singapore government investment arm Temasek Holdings is set to expand its commodities portfolio – this time by an indirect investment in Toronto-listed miner Platmin Ltd.
South Africa-based Platmin Ltd, which explores for platinum group metals (PGMs), announced in a regulatory filing that Ridgewood Investments - an indirect subsidiary of Temasek Holdings, Dutch pension fund Algemene Pensioen Groep and Platmin’s largest shareholder, Pallinghurst Investor Consortium – will subscribe for US$50 million (S$69.2 million) of common shares, as part of Platnim’s efforts to raise US$250 million through an equity issue…………………………………………..Full Article: Source


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