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:
plus other non-core holdings not in the list:
Raffles Med: 4.9%
Tiger Airways: 7.5%
Auric Pacific: 4.8%
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
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