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SINGAPORE: Singapore state investor Temasek Holdings is considering investing US$100mil (RM444mil) in Indian jeweller BlueStone for a stake of about 20%, two sources with direct knowledge of the matter tell Reuters. ....
HKMA Exchange Fund's first-quarter gains soar; KIC considers alternatives investing in Asia; NPS benchmarks $1bn to a bespoke real estate index; Temasek looks at investing in Indian jeweller; and more. ....
BENGALURU/SINGAPORE – Singapore state investor Temasek Holdings is considering investing US$100 million (S$132.6 million) in Indian jeweller BlueStone for a stake of about 20 per cent, two sources with direct knowledge of the matter told Reuters. The investment would value Bengaluru-based BlueStone, also backed by venture capital firm Accel and Indian industrialist Ratan Tata, at close to US$500 million, said. ....