APG and Temasek each to invest US$50 million in Platmin as part of US$250 million market offering
According to the Press Release, “Platmin Limited announced today that each of Temasek Holdings (Private) Limited (“Temasek”) and Algemene Pensioen Groep N.V. (“APG”) has expressed an intention to purchase US$50 million of new common shares in the US$250 million market offering launched on 16 April 2010.
Temasek is an Asian investment company headquartered in Singapore. With an international staff of 350 people, supported by 12 affiliates and offices in Asia and Latin America, Temasek owns a diversified S$172 billion (US$119 billion) portfolio as of 31 July 2009, concentrated principally in Singapore, Asia and the emerging economies. It is an active shareholder and investor in such sectors as banking & financial services, real estate, transportation and logistics, infrastructure, telecommunications & media, bioscience & healthcare, education, consumer & lifestyle, engineering & technology, as well as energy & resources. “
read more: Platmin Press Release
Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute