Temasek is among a number of institutional investors now ready to splash the cash after turning bullish on a sector that has seen a lot of blood on the walls in recent years but is now undergoing a revaluation.Shares in some technology firms, including Intel, are now hitting record highs, and Temasek has not been slow in buying shares in blue chip companies such as Yahoo and Research in Motion, the company behind the Blackberry mobile device. It is now said to be looking to buy private firms which a view to listing them.
It is keen on firms that innovate and is ready to back them with significant investments, pouring $242 million (£160m) into one firm alone – a South Korean light-emitting diode company. Full Story
