Both of Temasek owned shares are buying up stakes in companies that could set themselves up for the next phase of growth.
OCBC raises stake in bank of Ningbo from 15.34 per cent to 20 per cent, and is currently discussing on a possible acquisition of Wing Hang bank.
SATS, on the other hand bought 41.65% of PT Cardig Aero Services for S$118.3 million, repositioning the group to focus on growth in a country whereby demand for gateway services will increase, especially in a large country of islands separated by waters.
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