Sun, Jun 13, 2021
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Temasek Should Hang Up

Posted on 29 July 2016

A Qatari company just gave Singapore’s state investor a solid clue about what to do with its outsize holdings of the island’s telcos: sell, and run.Ooredoo QSC, the Doha-based phone carrier, is working with HSBC to find a buyer for its indirect stake of about 14 percent in Singapore’s StarHub, Bloomberg News reported this week.
The reason why Ooredoo may want out — to focus on the Middle East and other fast-growing markets — has a message for Singapore’s Temasek, which for the fiscal year ended March 31 saw its assets shrink for the first time in seven years………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
June 2021
M T W T F S S
« Nov    
 123456
78910111213
14151617181920
21222324252627
282930