Temasek: Investments In US Not Influenced By Singapore Government

CNN Money
6 Mar 2008

SINGAPORE -(Dow Jones)- Singapore's state-owned investment fund Temasek Holdings (TEMAH.YY) has said in testimony to the U.S. Congress that its recent investment in Merrill Lynch & Co. (MER) was commercially driven and that it intends to be a "reliable long-term shareholder."
"(Temasek) is committed to operate as a trusted and thoughtful business partner, and a reliable long-term shareholder and careful investor," Simon Israel, executive director and member of the board of Temasek said Wednesday to the U.S. House Financial Services Committee.

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