Temasek to sell stake in Taiwan's E.Sun

China Knowledge
5 Mar 2008

Singapore's Temasek Holdings, the country's state investment firm, is likely to sell its 6.28% stake in Taiwan's E.Sun Financial Holding Co, sources reported.

Duh Wu-lin, deputy president of E.Sun said Temasek has quit its board seat in the Taiwan-listed financial holding company on Monday. But how it will sell the shares has not been decided. Duh estimated it would not be through the Taiwan Stock Market.

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