13.07.2016 - Temasek Holdings may invest in distressed assets
Singapore’s state-run investment firm Temasek Holdings Pte. Ltd is open to investing in distressed assets in India either through an asset reconstruction firm or directly, a senior executive said. “We are an equity-only investor. So, if there is a business that could be a non-performing asset (NPA) hypothetically, which is outsourced by a bank to an asset reconstruction (ARC) and that needed an equity infusion, we would look at it just as any other investment opportunity,” said Ravi Lambah, co-head, India and head for telecom, media and technology at Temasek International Pte. Ltd...............................................Full Article: Source
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