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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

Temasek plans S$600 mln bonds exchangeable for Li & Fung

Posted on 08 December 2011

Singapore state investor Temasek Holdings is looking to raise up to S$600 million ($468 million) from the sale of zero coupon bonds exchangeable into shares of Hong Kong trading company Li & Fung Ltd, IFR reported on Wednesday.
Temasek, which holds a 3 percent stake in Li & Fung according to its last annual report, declined comment………………………………………..Full Article: Source


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