Wed, Jul 23, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Trends

Singapore tries to quell ASX fears

Posted on 23 November 2010

From Tradingmarkets.com: Approval by the Australian Government is needed for the proposed takeover of stock exchange operator ASX by Singapore Exchange. A stake of 23% in the latter is owned by Temasek, the investment arm of the Singaporean Government, and this has sparked concern in Australia over foreign control.
Singaporean Deputy Prime Minister Tao Chee Hean, visiting Australia, has stressed that the Temasek holding is not a voting stake and should not create any barrier for the merger. A motion has been launched by independent MP Bob Katter in the federal parliament that would block any deal for ASX where majority ownership is transferred offshore……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14443 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031