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What is Temasick exposure to Adani?

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https://www.cnbc.com/2023/02/03/som...-exposed-to-the-adani-enterprises-plunge.html

Adani Enterprises lost more than 60% of its market cap, or more than $30 billion, between the report’s publication on Jan. 24 and the close of Thursday trade.

The list of top 20 shareholders of Adani Enterprises also includes two of the biggest names on Wall Street: Vanguard owns 0.75% of the stock, while BlackRock Fund Advisors holds 0.57% and BlackRock Advisors (U.K.) Ltd has a 0.17% interest.
How much did Temasick lose?
Hindenburg has accused Elara’s Mauritius-based funds of being part of a plan to manipulate the share prices of companies owned by Adani Group and hide how much the family owned. Elara has since disposed of 72% of the shares it held in the company, according to FactSet data.

Jo Johnson, the brother of former British Prime Minister Boris Johnson, resigned on Wednesday from his role as a director of Elara, according to Companies House.
 
Daft Sinkies will pay for the losses, one way or another. :sneaky:
 
You should be asking, what is Adani's exposure to Temasek? :eek:
 
What is Temasick exposure to Adani?

I don't think Adani flagpost will rise when whore jinx gets exposed.
 
Two days before Adani Group was exposed by Hindenburg, a team of Adani Group's top executives flew into S'pore for negotiations of share allotment subscription.

Whether the deal was finalized or not only Whore Zinx knows.
 
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The moral of the story: Never invests in anything Indian. SIA will also eventually get burned by their recent increase in their stakes in Air India.
 
Time to increase the minimum sum and other CPF withdrawal age
 
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