Temasek Holdings to Pay Fine after Court Review Rejected by Indonesian Supreme Court
Posted on 01/19/2011
Temasek Holdings, the state-owned investment corporation from Singapore, agreed to pay the fine of 15 billion Indonesian rupah (US$ 1.6 million) per affiliate with a total of nine, after Indonesia’s Supreme Court rejected another request for review. Indonesia’s Commission for the Supervision of Business Competition (KPPU) said that they were analyzing Temasek’s assets in Indonesia […]
