28.11.2008 - Temasek acquires 5% stake in WCT
From Theedgedaily.com: The Singapore government’s investment arm Temasek Holdings Private Ltd has emerged a substantial shareholder in local construction outfit WCT Bhd, which has secured significant contracts in the Middle East. According to a filing to Bursa Malaysia on Tuesday, Temasek’s various nominees acquired a 5.04% stake comprising 38.9 million shares in WCT on Nov 20. WCT announced on Monday that it had secured another RM1.2 billion worth of additional works awarded under a contract for the construction of the motor racing circuit in Yas Island, Abu Dhabi. .... Full Article: Source
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