The New York Times, 21 Aug 2008
Temasek, the investment fund run by the Singapore government, is nursing a big loss so far on its investment in Merrill Lynch. But the fund, already Merrill’s largest shareholder, might consider buying even more, Temasek’s chairman said Thursday.
“If there’s an opportunity, we would like to look at it,” the chairman, S. Dhanabalan, said in a speech in Singapore, according to Bloomberg News. “Whether we do it depends on our assessment and risk diversification.”
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