Temasek related plays

Temasek related plays : As part of its broader diversification efforts, Temasek sold $15b in assets during FYMar12, including stakes in Indonesian petrochemical maker PT Chandra Asri Petrochemical, HPH Trust, India's ICICI Bank and Chinese real-estate firm Kaisa Group (1638.HK). It also is in the process of selling its 68% stake in Indonesia's Bank Danamon (BDMN.JK) to DBS, which could fetch it US$3.2b. That deal still needs approval from Indonesian regulators. Earlier this wk, media reports suggest Temasek’s US$10.5b 18% stake in Standard Chartered is up for sale, while just today, Temasek completed the $1.28b sale of a 2.5% stake in SingTel. The frequency of share sales has led some market players to wonder if there could be further rationalization of Temasek’s listed portfolio holdings. Excluding key infrastructure / prized national assets, possible Singapore listed plays that could be sold in future are: CapitaLand, SCI, Keppel Corp, SATS, MLT, HPH Trust, MCT, Olam, Stats Chippac, MINT, CitySping Infra, Tiger Air, Cosco, SMM, CCT, CEI Contract Mnftg, Sunningdale Tech, Dynamac, K-Green Trust, Starhub