Sharing the Spoils

June 17, 2008

TEMASEK is clearly not a company that was “born yesterday.” After the verdict of the Business Competition Supervisory Commission (KPPU) and following six months of pressure to sell its shares, the Singapore government’s investment firm has shown it is a tough player in the marketplace.

Two weeks ago, Singapore Technologies Telemedia, a business unit of Temasek, suddenly announced the sale of its Indosat shares to Qatar Telecom. One can eas

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