shin corp

Petron's pension fund sells $175 million worth of shares at a fixed discount of 17.3% one day before a Temasek entity was aiming to reduce its stake in Thailand's Shin Corp by selling up to $260 million worth of shares.

This is a rerun of a surprising and revealing Temasek document that by mistake found its way into the hands of a few journalists. The document included questions and answers that outlined the government-owned investment agency’s position with regard to its acquisition of the Khoo family’s stake in Standard Chartered and other related issues.

A revealing Temasek document with 59 questions and answers outlines its position on the acquisition of the Khoo family stake in Standard Chartered and related issues about the government-owned agency.