Singapore's Temasek is set to invest up to A$300 million in Australia's Betashares, an Australian ETF manager. This move is part of Temasek's expansion plans, with Betashares aiming to expand in Japan following the investment. Additionally, Temasek has agreed to sell 100% of its shares in LNG trading firm Pavilion Energy to Shell, as Shell aims to strengthen its position in the natural gas market.
Shell doubles down on natural gas by purchasing Singapore's LNG trader Pavilion 🚢❤️ 💸 Pavilion trades & ships LNG in Asia and Europe, with a portfolio of about 6.5 million tons per year 📈 Shell sees LNG demand rising 50% by 2040 amid a shift from coal https://t.co/QWGNZ3BF4U https://t.co/Ih0vsQ8ZLK
🔵 SINGAPORE'S TEMASEK TO SELL PAVILION ENERGY TO SHELL Singapore's global investment company Temasek said on Tuesday it has agreed to sell 100% of its shares in liquefied natural gas (LNG) trading firm Pavilion Energy to Shell. Full Story via Reuters on PiQ Suite - Link in… https://t.co/siamTrGrjE
Australia’s Betashares set to expand in Japan after Temasek takes stake https://t.co/VkXRfk2eHo
⚠️ TEMASEK TO INVEST UP TO $198 MILLION IN AUSTRALIAN ETF MANAGER BETASHARES Full Story → https://t.co/PB3azGQf4g https://t.co/fbFgIqK0j9
SINGAPORE'S TEMASEK TO INVEST UP TO A$300 MLN IN AUSTRALIA'S BETASHARES - COMPANY STATEMENT