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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Temasek doesn’t interfere

Posted on 02 November 2010

From Straitstimes.com: Temasek Holdings said on Monday that it does not interfere in the running of the Singapore Exchange (SGX). In the state investment company’s first comments on the proposed merger of the SGX and its Australian counterpart ASX, executive director and president Simon Israel said: ‘Temasek plays no part in the governance, operations or investment decisions of the Singapore Exchange.

‘Our board and management make our investment, divestment and other company decisions on a commercial basis, independently of our shareholder, the Singapore Government.’……………………………………Full Article: Source


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