SGX Watch

SGX Watch: – Temasek raises stake in Bank Internasional Indonesia

China Eastern Nears Final Sale Hurdle
Wall Street Journal – HONG KONG — China Eastern Airlines Corp.’s shareholders are scheduled to vote in Shanghai on Jan. 8 on the company’s plan to sell a 24% stake to Singapore Airlines Ltd. and Temasek Holdings Pte. Ltd. The Chinese airline said Sunday that holders of
Source: online.wsj.com

Polytechnics in Singapore are a good example of how vocational
Tribune – The Temasek Polytechnic offers 38 diplomas to around 13,000 students. The beautiful campus is obviously attractive to many students, and there around 200 students there. Petite Shilpa Krishnan from Bhanswara in Rajasthan stands out among a group of
Source: www.tribuneindia.com

Temasek sells 280 mln China Construction Bank shares – source
CNBC – HONG KONG (XFN-ASIA) – Temasek, the Singapore government investment arm, has sold 280 mln China Construction Bank (CCB) shares at 7.09 hkd each, raising a total of 1.985 bln hkd, a market source said. The selling price represents a 5.0 pct discount
Source: www.cnbc.com

Hong Kong’s stock index down 1.5 percent
Boston Globe – Bank of China was the day’s biggest blue-chip decliner, after Singapore’s Temasek Holdings confirmed it was selling up to US$572 million (euro385.31 million) worth of the bank’s shares. The stock fell 5.2 percent to HK$4.02. The outlook for the local
Source: www.boston.com

Asian Stocks Drop for First Time in Three Days; Samsung Falls
Bloomberg – Temasek Holdings Pte, the fourth-largest shareholder in Bank of China, said yesterday it would sell part of its stake in the company for as much as HK$4.46 billion ($573 million). The shares dropped 5.2 percent to HK$4.02 in Hong Kong.
Source: www.bloomberg.com

Global deals to drive record M&A activity from Asia
Reuters – Another Singapore government fund, Temasek Holdings TEM.UL, is believed to be eyeing stakes in banks including London-based Barclays (BARC.L: Quote , Profile , Research ), which it already owns 2.1 percent of, and U.S. institutions such as Merrill
Source: www.reuters.com

China Eastern jumps 16 pct before EGM vote on deal
Reuters – surged as much as 16 percent on Wednesday, ahead of an extraordinary general meeting seeking two-thirds minority shareholder approval for its 24 percent stake sale to Singapore Airlines Ltd (SIAL.SI: Quote , Profile , Research ) and Temasek Holdings
Source: www.reuters.com

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