No big push yet for restructuring of Temasek's portfolio: analysts
They say a number of factors stand in the way of brokerage CLSA's suggestion that reorganisation could revitalise Republic's equity market
Singapore
COULD a reorganisation of companies under state investment firm Temasek's portfolio revitalise Singapore's equity market?
CLSA thinks so in a recent study. But other industry watchers point out obstacles to the brokerage's proposals, which range from the much-discussed merger of the offshore and marine businesses of Keppel Corp and Sembcorp Marine; to the potential spin-off of data centres from Singtel and Temasek unit ST Telemedia; mergers of property titans, CapitaLand with Mapletree Investments or Keppel Land; the consolidation of Reits under Temasek-linked sponsors; and the potential privatisation of SIA Engineering (SIAEC).
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