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Sovereign Wealth Funds Briefing - Categorized | Market

Temasek writes to the Aussie media …

Posted on 29 March 2011

Temasek Holdings has written to the Australian media to reiterate that it does not control the Singapore Exchange (SGX). The letter was in response to a number of articles in the Australian media inaccurately reporting Temasek’s role vis-a-vis the Singapore bourse.

In its letter - dated March 23 - Temasek said it plays no part in the governance, operation or investment decisions of the Exchange. It did, however, acknowledge that it is a non-voting trustee of SEL Holdings - which Temasek described as “a special purpose entity which holds a 23.5 per cent stake in SGX”……………………………………..Full Article: Source

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