Bloomberg.com
2 Aug 2008
Aug. 2 (Bloomberg) -- Temasek Holdings Pte, whose sale of a stake in a company to Malayan Banking Bhd. was blocked by the Malaysian central bank, said it will exercise its rights in the offer agreement.
Malayan Banking, or Maybank, said yesterday it may lose its 480 million ringgit ($147 million) deposit to Temasek after its purchase of a controlling stake in PT Bank Internasional Indonesia was blocked this week. Maybank is Malaysia's biggest lender by assets.
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