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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment, Market

Temasek has no plans to sell AgBank stake

Posted on 14 July 2011

Singapore’s Temasek Holdings does not intend to reduce its holding in China’s No.3 lender Agricultural Bank of China Ltd when the state investor’s lock-up period ends next week, Chinese state media reported on Thursday.
Temasek’s sale of its stakes in Bank of China Ltd and China Construction Bank Corp was aimed at managing its exposure to the Chinese banking system, Xinhua News Agency reported, citing Ding Wei, Temasek’s China head……………………………………….Full Article: Source


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