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:



plus other non-core holdings not in the list:

Raffles Med:  4.9%
Tiger Airways: 7.5%
Auric Pacific: 4.8%