Temasek Holdings' equity stake in DBS Group Holdings Ltd. (D05.SG, DBSDY), southeast Asia's largest bank by assets, has risen by 1.78 percentage points after a unit of the state investor converted preference shares.
Maju Holdings Pte. Ltd., a wholly owned unit of Temasek, converted 181,915 convertible preference shares and 69,845,734 redeemable convertible preference shares of DBS Group into ordinary shares on Feb. 28,... Full story
