SUBSCRIBERS

Understanding Temasek's rail ambitions

Long-term aspirations of Temasek's bid were communicated, but the dollars and cents somehow do not add up

Published Thu, Jul 21, 2016 · 09:50 PM

TEMASEK Holdings wants to support the company's "strategy and business model for the long term."

Does this sound familiar?

Temasek actually said this back in 2014, in reference to its offer for commodity-trading firm Olam International.

It was to echo similar ideas on Wednesday evening, when it announced that it was looking to buy SMRT out for S$1.2 billion.

After the an…

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes