Temasek Unit Buys 15% of Mekong Development Bank

Bloomberg, 20 Dec 2010Fullerton Financial Holdings Pte, a unit of Singapore’s Temasek Holdings Pte, bought a 15 percent stake in Vietnam’s Mekong Development Bank.The purchase helped lift registered capital at the lender, based in the southern province of An Giang, to 3 trillion dong ($154 million) from 1 trillion dong, the Vietnamese bank said in an e-mailed statement today. The two companies