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High Court approves Temasek's scheme to buy out SMRT

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Singapore's High Court has approved state investor Temasek Holdings' scheme to buy out transport operator SMRT Corporation, bringing the delisting of a 16-year old float one step closer to reality.

Singapore

SINGAPORE'S High Court has approved state investor Temasek Holdings' scheme to buy out transport operator SMRT Corporation, bringing the delisting of a 16-year old float one step closer to reality.

The last day of trading of blue chip SMRT's shares will be on Oct 18, and