Business Services Industry
Singapore: Temasek Holdings, the Singapore government's investment arm, says it has no plans to sell stakes in SingTel and ST Telemedia, but will dilute shares in these companies in the right market conditions - News map: Asian telecoms this month - Brief Article
Telecom Asia, June, 2003
Singapore: Temasek Holdings, the Singapore government's investment arm, says it has no plans to sell stakes in SingTel and ST Telemedia, but will dilute shares in these companies in the right market conditions. Temasek's statement follows the government's commitment to cut its stakes in telcos as part of a free trade deal signed with the US.
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