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Wednesday, July 28, 2010
Temasek' Singapore Portfolio Update
Temasek is divesting its 14.7% stake in F&N to a Janpanese F&B company Kirin for S$6.5/share, the premium is so high as compare to its current price at around S$5.8, the Japanese is smarter or Singaporean? hmmm...
Here's Temasek's overall holdings in its Singapore portfolio after the deal:
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