Tuesday, June 17, 2008

Interesting observation

Qatar's Qtel is buying over Singapore's Temasek Holdings' shares of Indosat, an Indonesian telecommunication company. For this deal, Indonesian VP suddenly come out to support...hmm... well, not for Singapore's one. maybe, someone gave a call...

http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=224515&version=1&template_id=57&parent_id=56

However, you got to give credit to Temasek this time as the sale is 3 times the bought price about 5 year ago. not too bad for an investment..

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/352992/1/.html

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