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Wednesday, August 22, 2007

Singapore's Temasek Raises Stake in StanChart

Singapore investment firm Temasek Holdings Pte. Ltd. has increased its stake in U.K. bank Standard Chartered PLC to 15.29%, according to a regulatory filing.

Temasek has been the largest single shareholder in Standard Chartered since buying an initial 11.53% stake in July 2006 from the late Singapore tycoon Khoo Teck Puat. Read more...

posted by Charles Monat Associates at 3:24 PM


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