Temasek Holdings
Temasek explains, may expand SeaTown role
As part of the release of its annual report, Singapore SWF Temasek Holdings has publicized further details of its new semi-autonomous investment arm SeaTown Holdings, reported as registered in February this year, and may expand the S$4 billion ($2.9 billion)...
GATE says rolling out in Southeast Asia
GATE Technologies, a NYC-headquartered firm seeking to establish a series of online GATE Developing Marketplaces in illiquid securities and alternative assets, including private equity fund positions, has said that it "is in discussions with a Singapore-based...
Temasek annual report shows rebound
Singapore SWF Temasek Holdings' portfolio rebounded to S$186 billion ($134.4 billion) by the financial year ending March 31st 2010 - a figure that is slightly above 2008's S$185 billion ($133.7 billion), and well above 2009's S$130 billion ($94 billion),...
SWFs help AgBank shave IPO record
The IPO of the Agricultural Bank of China in Hong Kong and Shanghai raised $19.2 billion, which will breach the Industrial and Commercial Bank of China's all-time record if a further greenshoe placement takes it to an expected $22.1 billion, with much...
Temasek hires former UK business minister as consultant
Former British Minister for Economic Competitiveness, Small Business and Enterprise Baroness Shriti Vadera has been hired by Singaporean SWF Temasek Holdings as a consultant.
KIC seeks diversity, targets PE
Chin Young Wook, CEO of the Korea Investment Corporation (KIC), Korea's $30 billion sovereign wealth fund, has said publicly that the SWF will seek greater investment in private equity and real estate, as well as contemplating direct investments through...
Temasek's ITS to list in Hong Kong
Temasek Holdings will seek to increase its pre-IPO stake in PRC investee intelligent transportation system provider China ITS (Holdings) Co Ltd. which anticipates raising about $119 million via a Hong Kong IPO in July.
Financial investors in financial services
Financial services deals put Asia Pacific private equity on the map worldwide.
AgBank announces IPO prices in Hong Kong
Ahead of its intended IPO later this year, the Agricultural Bank of China (AgBank) announced that it looks to sell 25.4 billion of its shares in Hong Kong for HK$2.88-3.48 ($0.37-0.45) apiece in hopes of raising $13 billion in the SAR.
KIC allots $200 million for Chesapeake
South Korean SWF the Korea Investment Corporation (KIC) has said that it will invest $200 million as part of its participation in the $900 million stock issue by heavily indebted US natural gas and energy company Chesapeake Energy.
Temasek slated for $300 million in AgBank IPO
Singapore SWF Temasek Holdings is now looking to invest some $300 million in the upcoming listing of Agricultural Bank of China, which is expected to raise between $20 billion and $30 billion in the world's biggest IPO to date, according to reports.
Asia, MENA SWFs set to take pre-IPO stakes in China's AgBank
Asian and Middle Eastern sovereign wealth funds may benefit from pre-IPO investments ahead of the Agricultural Bank of China’s intended listing on the Hong Kong and Shanghai stock exchanges.
Indian government may limit Temasek, GIC ICICI holdings
The Indian finance ministry and the Reserve Bank of India have lodged a query with the Securities & Exchange Board of India (SEBI) over a proposal that Temasek Holdings and the Government of Singapore Investment Corporation (GIC) should increase their...
Temasek discusses Indian roads fund
Singapore SWF Temasek Holdings is in talks with Indian authorities to create a fund of up to $2 billion to finance opportunities in the Subcontinent's roads and transport sector, according to Kamal Nath, the country's Minister for Road Transport and Highways....
SWF survey shows image shortfall
Sovereign wealth funds (SWFs), as well as private equity in general, may have a significant problem with acceptance even in some of the Asian markets most closely associated with them, according to a recent report, the Sovereign Brands Survey 2010, conducted...
New Silk Route to control 80% of INX Media
India-focused growth capital firm New Silk Route (NSR) is poised to take 80% control of struggling INX Media - up from its current 20% - as part of a deal to buy out the stakes of two existing investors, Temasek Holdings and Kotak Private Equity.
Asian SWFs ramp up in North American oil and gas
PRC petrochemicals major Sinopec’s $4.65 billion buy into Canadian heavy oil producer Syncrude, covered recently in AVCJ, had one extra salient feature.
Temasek arm does China food venture for Sing
Singbridge International Singapore Pte Ltd, a wholly-owned unit of Singapore SWF Temasek Holdings, has signed an agreement with the Municipal Government of Jilin province in northeast China to build a JV "food security" food zone.
Temasek makes ex-SGX Hsieh President
Temasek Holdings has appointed former Singapore Exchange CEO Hsieh Fu Hua as executive director and the new president of the $122 billion Singapore SWF.
Temasek loses Indonesia competition appeal
Singapore SWF Temasek Holdings has lost its final appeal before Indonesia's Supreme Court in an anti-monopoly case concerning its positions in cellular providers PT Telekomunikasi Selular (Telkomsel) and PT Indosat.
CIC, KIC to invest in Chesapeake
Leading Asian SWFs the China Investment Corporation (CIC) and the Korea Investment Corporation (KIC) are reportedly joining a $900 million investment into heavily indebted US natural gas and energy company Chesapeake Energy.
Goldman Sachs close to Taikang win
A consortium led by Goldman Sachs is close to finalizing negotiations for the 15.6% stake in the PRC's Taikang Life Insurance Corp. owned by France’s insurance giant AXA, for about $1 billion.
Temasek, Hopu invest Chesapeake Energy
Singapore SWF Temasek Holdings and multi-strategy regional firm Hopu Investment Management are making a joint $600 million investment in Chesapeake Energy Corp., a major US developer of natural gas and oil resources.
Temasek moves into Canada/Panama mining with Inmet
Singapore SWF Temasek Holdings has invested C$500 million ($488 million) in Toronto-listed Inmet Mining Corp., for around 14.15% of the company.