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Corporate digest
Published Wed, Aug 19, 2020 · 09:50 PM
Keppel Corp
Temasek Holdings' unit Fullerton Fund Management sold 696,800 shares worth nearly S$3.39 million in Keppel Corp on Monday. This takes Temasek's direct and deemed stake in Keppel from 21.03 per cent to 20.99 per cent.
Last week, Temasek said it was pulling out of a S$4 billion partial offer for Keppel, after the latter breached a key term of the deal with a S$697.6 million net loss for the second quarter ended June.
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