Temasek picking lead manager for PSA Corp privatisation

The Singapore government''s investment arm is close to picking a lead manager for the $2 billion privatisation of PSA Corp - the holding company of Port of Singapore Authority.

Jim Regan

May 09, 2000

The Singapore government's investment arm, Temasek Holdings, hasábeen hearing sales pitches from seven investment banks bidding for the lead manager role in the planned privatisation of PSA Corp, the holding company for Port of Singapore Authority. The privatisation is the biggest in the pipeline in Singapore, with reports suggesting around $2 billion will be raised.

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