| Temasek Holdings is discussing options for portfolio companies Keppel Corp and Sembcorp Industries, ranging from divesting their non-core assets to selling shares, as the two Singaporean rig builders grapple with the oil-price slump, people with knowledge of the matter said.
Temasek is weighing the possibility of Keppel selling its 19.1 per cent stake in wireless operator M1 and paring its 44.6 per cent interest in office landlord Keppel Reit, the people said, asking not to be identified as the information is private. Keppel's holdings in the two firms are worth a combined S$1.6 billion at current market prices, according to data compiled by Bloomberg..............................................Full Article: Source
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