The Singapore investment giant Temasek could move to divest its shareholdings in Shin Corp amid growing business and regulatory risk in the wake of the Supreme Court's ruling in the Shinawatra family's assets case.Temasek, the major shareholder of Shin, may sell if the right buyer emerged, said Somprasong Boonyachai, Shin's executive chairman and acting president.
"If a buyer emerged today, they would probably sell. [Temasek] has never indicated that it wanted to hold its investment forever," he told the Bangkok Post. Full Story
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