SGX Watch: – Singapore’s Temasek Makes Bid for Chip Packager
PC World – Singapore’s Temasek Holdings Pte. Ltd. has offered to buy chip-packaging company Stats ChipPac Ltd. in a deal worth about S$2.4 billion (US$1.6 billion). Temasek, an investment company that is owned by Singapore’s government, made the offer through a
China to Create Huge Fund To Invest Part of Reserves
Washington Post – Jin said Beijing may follow the lead of Singapore’s Temasek Holdings, which manages nearly $90 billion in government pension funds and other assets. It owns stakes in Singapore Airlines and Singapore Telecom, as well as in banks, real estate, shipping
China Says Investment Strategy Won’t Hurt the U.S.
Washington Post – The Chinese government confirmed earlier this month that it would set up an agency similar to Singapore’s Temasek Holdings, and state media outlets said the fund could get as much as $200 billion to invest. Lou Jiwei, a former vice finance minister
China May Sell U.S. Bonds: Move to Diversify Could Raise Rates
Blackenterprise.com – The government of Singapore has a similar investment vehicle, known as Temasek Holdings, which manages about $84 billion in assets, and which Chinese officials cited as a model. “Unlike other governments that hold their reserves in gold or the
Children of Ousted Thai PM to Pay $327M
Forbes – The tax bill, due this week, stems from the 2006 sale of family-controlled telecom conglomerate Shin Corp to Singapore’s Temasek Holdings. “We insist that there is no tax burden in this case,” Noppadol Patama, Thaksin’s lawyer and de facto spokesman
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