
Temasek Considers Selling Testing Firm Element Materials Amid Growing Market Dynamics
In a strategic move that signals shifting priorities within its portfolio, Temasek Holdings, the Singapore-based investment firm, is reportedly evaluating the sale of Element Materials Technology, a leading testing and inspection provider. This consideration comes as the firm aims to recalibrate its investments against a backdrop of evolving market conditions and potential opportunities in other sectors.
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Major Setback for SoftBank and Temasek: eFishery Investors Face Potential Losses
In a shocking turn of events, prominent investors SoftBank and Temasek are reportedly facing substantial financial losses tied to the fish feed startup eFishery. The company, once a beacon of hope in the aquaculture sector, is now grappling with challenges that threaten to wipe out a significant portion of their investments, raising concerns over the sustainability of its business model.
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Haier Seeks Investment from Major Funds for Expansion in India
Haier, the global home appliance giant, is reportedly in talks to secure substantial investments from three significant sovereign wealth funds—Temasek, GIC, and Mubadala—as part of its ambitious strategy to strengthen its presence in the rapidly growing Indian market. This potential partnership reflects Haier's commitment to enhancing its operations and tapping into India's burgeoning demand for smart home technologies and appliances.
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