SGX Watch: – Investors from around the World Take Part in MIPIM Asia 2008 – PR Inside
Merrill Continues To Pay For Mistakes – Forbes
After a doozy of a loss, Merrill Lynch isn’t looking nearly as attractive as it did when Bank of America agreed to buy the beleaguered investment bank. Merrill Lynch (nyse: MER – news – people ) posted a worse-than-expected $5.2 billion quarterly
Source: www.forbes.com
Temasek s Mapletree to build $400 million business park – Thanhnien
Mapletree, the real estate arm of Singapore sovereign wealth fund Temasek Holdings, said Tuesday it had signed an agreement to develop a US$400 million business park in Vietnam. The 75-hectare business park, in Vietnam s Binh Duong Province, will
Source: www.thanhniennews.com
Temasek’s Mapletree to build Vietnam business park – Forbes
Singapore, Oct 14 (Reuters) – Mapletree, the real estate arm of Singapore sovereign wealth fund Temasek Holdings, said on Tuesday it has signed an agreement to develop a $400 million business park in Vietnam. The 75-hectare business park, in Vietnam
Source: www.forbes.com
CIC to increase stake in Blackstone to 12.5% – Financial Times
China’s sovereign wealth fund, China Investment Corp, is planning to increase its stake in Blackstone Group from 9.9 per cent to 12.5 per cent, according to a US regulatory filing. This time, however, CIC will buy shares in the open market, where
Source: www.ft.com
Opening door to reserves – Straits Times
EXTRA funds worth more than 2 per cent of Singapore’s gross domestic product (GDP) will soon be available for government spending each year. The change, arising from a proposed amendment to the Constitution on spending of investment returns on
Source: www.straitstimes.com
Morgan Stanley regional head skips to Temasek – Finance Asia
In a high-level departure, Rohit Sipahimalani, a senior Morgan Stanley employee and most recently head of the US bank s Southeast Asia investment banking practice, has resigned to join Singapore s investment firm Temasek. Sipahimalani s
Source: www.financeasia.com
Maybank offers to buy rest of BII – Business Times Malaysia
MALAYAN Banking Bhd, which last month bought control of PT Bank Internasional Indonesia, offered to buy the rest of the bank to expand in Asia s third-most populated nation as competition intensifies at home. Maybank, as the Malaysian lender is
Source: www.btimes.com.my
GIC, Temasek to invest more – Straits Times
GOVERNMENT of Singapore Investment Corp and Temasek Holdings, the nation’s investment companies, can take advantage of financial turmoil to add assets instead of being forced into ‘panic’ sales, said Senior Minister of State for Finance, Mrs Lim Hwee
Source: www.straitstimes.com
Fullerton gets $50 mn boost from parent co – Economic Times
MUMBAI: Fullerton India, a Temasek subsidiary and the largest multinational non-banking finance company (NBFC) in India, has received another capital infusion of $50 million from its parent. With this, the NBFC now has a capital of $300 million
Source: economictimes.indiatimes.com