Temasek unveils sale of 400m shares in SingTel
SingTel still remains the largest company in Temasek's portfolio.
In an SGX release, Temasek announced that it has entered into an agreement to sell 400 million shares in Singapore Telecommunications Limited ("SingTel").
"As an active investor for the long term, we rebalance our portfolio from time to time. We continue to be a significant shareholder in SingTel, which remains the largest company in our portfolio," it added.