Temasek Holdings Backs New Forests Tropical Asia Forest Fund 2
Posted on 03/03/2022
Singapore-based Temasek Holdings committed capital to New Forests Tropical Asia Forest Fund 2, an Asian forestry fund managed by Sydney-based New Forests. Other investors in the fund include Sumitomo Mitsui Trust Bank. The forestry fund will search for higher value hardwood timber assets, such as teak, that can be used for furniture and flooring, rubber
