Friday, October 4, 2013

Temasek unit eyes Myanmar opportunities

A unit of Singapore state investor Temasek Holdings is eyeing investment opportunities in Myanmar following its foray into Cambodia last week.

“We are looking at Myanmar, we’re learning how to operate there,” Fullerton Financial Holdings’ chief executive Gan Chee Yee told the Straits Times.

It is a “market which obviously has potential,” he said.

Fullerton, which has financial institutions in emerging markets, had total assets of $40.9 billion as of Dec 31, 2012.

 

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