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Temasek Drops Plan to Buy Keppel Stake

  • Writer: Admin
    Admin
  • Aug 17, 2020
  • 1 min read

Updated: Sep 19, 2020

Singapore's Temasek Holdings is terminating its SDG4.1billion offer to buy the controlling stake in conglomerate Keppel Corp, after Keppel reported a large second-quarter loss that breached a threshold in the state investor's offer to buy control of the company.


Temasek earlier had said it would make a decision by Aug 31.




- APMR News





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