| 26.11.2008 - Temasek raises bet on financial stocks with StanChart |
| From Bloomberg: Temasek Holdings Pte, the $130 billion group that has almost doubled bank investments since 2004, this week raised its bet on financial companies by agreeing to buy at least $542 million of Standard Chartered Plc shares. Temasek, owner of a 19 percent stake in Standard Chartered, will take up its share of a 1.8 billion pound ($2.7 billion) rights offer that will shore up the London-based bank’s capital..... Full Article: Source |