15th Feb 2008
COSTAS PARIS
SINGAPORE -- State-owned investment company Temasek Holdings Pte. Ltd. is looking to increase its 19% stake in Standard Chartered PLC but doesn't want the higher holding to jeopardize the bank's status as a note-issuer in Hong Kong, people familiar with the situation said.
"They are looking for another 1% to 2%," a person familiar with the situation said. "They will make their move when the market permits it, but they won't wait for too long."
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