Temasek share buys pay off
Mon, Aug 10, 2009
AsiaOne
By Gabriel Chen
THE investments Temasek Holdings has made in rights issues over the past eight months have surged by around 184 per cent on the back of rocketing global equity markets.
Data compiled by The Straits Times from public information shows that Temasek has spent about US$2.9 billion (S$4.2 billion) subscribing to new shares of companies in which it already holds stakes.
It began its round of investments by taking up new shares in Standard Chartered Bank (Stanchart) in November.
http://business.asiaone.com/Business/News/My+Money/Story/A1Story20090810-160237.html
Mon, Aug 10, 2009
AsiaOne
By Gabriel Chen
THE investments Temasek Holdings has made in rights issues over the past eight months have surged by around 184 per cent on the back of rocketing global equity markets.
Data compiled by The Straits Times from public information shows that Temasek has spent about US$2.9 billion (S$4.2 billion) subscribing to new shares of companies in which it already holds stakes.
It began its round of investments by taking up new shares in Standard Chartered Bank (Stanchart) in November.
http://business.asiaone.com/Business/News/My+Money/Story/A1Story20090810-160237.html
