Temasek acquires majority stake in Chandra Asri

31-Jan-06
Singapore's state-owned investment company Temasek Holdings Pte. Ltd. Has acquired 50.45% acquisition in Indonesia's debt-laden petrochemical company PT Chandra Asri, at a transaction value of US$700 million. Temasek bought the shares from several shareholders, including Commerzbank International Trust Singapore Ltd
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