Temasek makes losses selling stakes in Indian texile maker
Temasek sells 8.54% stake in Welspun Global Temasek sold the shares between Rs 38-43.5 per unit through its arms Dunearn Investments Mauritius and Baytree Investments Mauritius last week. (22 Oct) - Singapore government’s sovereign fund Temasek Holdings has sold 8.54 per cent stake in Welspun Global Brands Ltd in the markets...
Balkans & S’pore are top buyers of stolen Nigerian oil
LAGOS, Oct 22 (Reuters) - The main buyers of the 180,000 barrels of oil that thieves steal from Nigeria each day are organised criminal networks in the Balkans and refiners in Singapore, according to a former presidential advisor who launched a campaign against the practice on Monday. Dele Cole, a politician from the oil-rich...
Cheap as China and closer: M’sia zone woos S’pore firms
The Star- October 22, 2012 SINGAPORE: When Tastyfood Industries decided to boost production to meet demand in Africa and the Middle East, the maker of Mr Cafe instant coffee and Vitamax cereal did not expand its Singapore factory or another one it owns in Xiamen, China. Instead, it plans to close its Singapore plant next year...
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