Temasek’s ST Engineering Takes $46 Million Charge as Chinese Subsidiary Files for Bankruptcy
Posted on 05/02/2018
Temasek Holdings portfolio company Singapore Technologies Engineering Ltd (ST Engineering) has taken a one-off charge of US$ 46 million (S$ 61 million) for the third quarter of 2016 on its now fully underwritten investment in Chinese subsidiary JHK after the loss-making unit petitioned for bankruptcy in April in the People’s Court of Dantu District in […]
