EDITORIAL ·
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National asset sales - weighing economics, strategy and pride

THE sale of Neptune Orient Lines (NOL) by Temasek Holdings to French shipping company CMA CGM has elicited mixed reactions.

Questions are raised on whether Temasek is selling at a low, or whether the sale will affect Singapore's standing as a global shipping hub. Further questions can be asked on which Temasek-linked companies are integral to Singapore's place in the world, and which are not.

Knowing when to sell is often harder than knowing when to buy. A sovereign wealth fund such as Temasek acts...

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