12.03.2012 - Temasek Holdings cuts stake in Sembcorp Marine to 60.91pct from 63.95pct
Singapore state-investment firm Temasek Holdings has reduced its stake in Sembcorp Marine Ltd. (S51.SG) to 60.91% from 63.95%, the rigbuilder said in a filing to the Singapore Exchange Monday. Sembcorp Marine said Temasek's stake in the company stood at 1.27 billion shares as of March 9, from 1.33 billion shares before the divestment. The filing confirms a report earlier this month that Temasek sold a 3% stake in Sembcorp Marine...............................................Full Article: Source
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