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  1. Temasek's trades in big banks like 'hedge fund'

    Posted Sep 07th 2011, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Singaporean sovereign wealth fund Temasek Holdings' investment reversals in two of the largest mainland banks in the past two months have drawn criticism that it was acting like a hedge fund rather than a long-term investor. In early July, Temasek sold 1.5 billion shares of China Construction Bank (CCB), the mainland's second-largest lender by market ...

  2. Temasek puts its faith in mainland banks

    Posted Jun 22nd 2012, 12:00am

    ... May Chan may.chan@scmp.com Singaporean sovereign wealth fund Temasek says the big mainland lenders should be able to weather recent rate liberalisation but warns that the banks, in which it is a key stakeholder, face a lower return on equity. Temasek president Gregory Curl told a conference yesterday that the 'big four' mainland banks- Industrial and Commercial Bank of China ...

  3. Temasek puts US$2.4b shares on the block

    Posted May 03rd 2012, 12:00am

    ... May Chan may.chan@scmp.com Temasek appears to be taking short-term profits by selling US$2.4 billion worth of shares in Bank of China and China Construction Bank. The Singaporean sovereign ... according to term sheets obtained by the South China Morning Post. Temasek is also selling US$1.2 billion worth of BOC shares at HK$3.13 to HK$3.18 each, a discount of 2.5 to 4 per cent ...

  4. Temasek sale jolts top China lenders

    Posted May 04th 2012, 12:00am

    ... Singaporean sovereign wealth fund Temasek sold down its stake in the two banks. Analysts said more divestment could continue, as Temasek still owns 3.38 per cent of Bank of China's H-shares ... from both banks. While some analysts said Temasek was engaging in 'purely speculative profit-taking', others said it was more than a short-term tactic. 'This looks like a vote ...

  5. Bank of China falls after Temasek disposal

    Posted Nov 28th 2007, 12:00am by Kandy Wong

    ... Kandy Wong Bank of China, the country's third-largest lender, closed 5.19 per cent lower yesterday at HK$4.02 after its fourth-largest shareholder, Temasek Holdings, said it would sell part of its stake for as much as HK$4.46 billion. The stock fell 6.1 per cent to HK$3.98 in the morning session and then bounced back slightly in the afternoon. At one point during ...

  6. Temasek stake may prohibit StanChart from issuing notes

    Posted Dec 25th 2007, 12:00am by Staff Reporter

    ... Natalie Chiu Singapore government investment vehicle lifts holdings to 18pc Temasek Holdings raised its stake in Standard Chartered from 17 per cent to 18 per cent, edging closer to the level that would disqualify the London-based lender as a banknote issuer in Hong Kong. Temasek, which manages about US$80 billion in sovereign funds for the Singapore government, raised its ...

  7. After BOC sale, Temasek offloads 280m CCB shares

    Posted Nov 29th 2007, 12:00am by Staff Reporter

    ... Maria Chan and Wong Ka-chun Temasek Holdings, the investment arm of the Singapore government, yesterday began offloading HK$1.985 billion worth of China Construction Bank Corp shares, its second sale of mainland banking stocks in three days. Temasek-owned Fullerton Asia Financial Holdings yesterday hired Morgan Stanley to arrange the sale of 280 million CCB shares at HK$7.09 each, ...

  8. Temasek to join SIA in airline bid

    Posted May 25th 2007, 12:00am by Charlotte So

    ... Charlotte So Temasek Holdings, Singapore's state-owned investment company, will join Singapore Airlines to acquire a stake of up to 25 per cent in China Eastern Airlines Corp, according to people familiar with the deal. Singapore Airlines has set a HK$6 billion limit on its investment in the deal, which would give it a stake of less than 20 per cent, sources said. Temasek ...

  9. Temasek to sell HK$2.16b stake in China Cosco

    Posted Nov 30th 2007, 12:00am by Staff Reporter

    ... Jonathan Yang and Wong Ka-chun State investor in third share sale Temasek Holdings, Singapore's state-owned investment flagship, is seeking to sell as much as HK$2.16 billion worth ... of Construction Bank edged up 1.21 per cent to HK$7.55. According to a term sheet sent to fund managers, Temasek has offered as many as 80 million China Cosco's H shares at a price range between ...

  10. Temasek on hunt for bank assets in China

    Posted Jun 07th 2006, 12:00am by Jamil Anderlini

    ... president of North Asia and Greater China at Asia Financial Holdings, the financial investment subsidiary of Temasek Holdings. Temasek was embarrassed by the central government late last year when ... chairman Liu Mingkang and was part of the lobbying efforts by Temasek to try to ease the mainland government's concerns that the company does not provide the skills and knowledge transfer ...




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