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Temasek Holdings sells stake in APB to Heineken: sources

Temasek Holdings sells stake in APB to Heineken: sources

(Reuters, Singapore state investor Temasek Holdings TEM.UL has sold its roughly 1.4 percent stake in Asia Pacific Breweries (APBB.SI) to Dutch brewer Heineken (HEIN.AS), two sources with direct knowledge of the deal said on Tuesday. A Temasek spokeswoman confirmed that it had sold its stake in APB but did not identify the... 

Singapore fund is $1.5B bidder for Paulson hotel group

Singapore fund is $1.5B bidder for Paulson hotel group

Aug 20 (Reuters) - The Government of Singapore Investment Corp has bid $1.5 billion for a group of bankrupt hotels owned by hedge fund Paulson & Co, including the Arizona Biltmore Resort & Spa in Phoenix and La Quinta Resort & Club in La Quinta, California. The MSR Resort hotel group, which also includes Grand Wailea... 

NOL shares get downgraded from ‘neutral’ to ‘underperform’

NOL shares get downgraded from ‘neutral’ to ‘underperform’

NOL's CEO, Lieutenant-General Ng Yat Chung (21 Aug) - Macquarie downgraded Singapore container shipping firm Neptune Orient Lines (NOL) to 'underperform' from 'neutral' and lowered its target price to S$0.95 from S$1.08, as it saw persistent oversupply of capacity in 2013. NOL shares were down 1.3 percent at S$1.17 on... 



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