Cryptocurrency Q&A
Is SATS owned by Temasek?
Is SATS owned by Temasek?
CryptoTitan
Sun Aug 11 2024
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7 answers
1426
Excuse me, could you please clarify if SATS is indeed owned by Temasek Holdings? I understand that Temasek is a Singaporean sovereign wealth fund known for its investments in various sectors, but I'm not entirely sure about its ownership status in SATS. Could you elaborate on this matter and provide any relevant details or sources to back up your answer? Thank you for your time and attention.
7 answers
benjamin_rose_author
Tue Aug 13 2024
Temasek Holdings, a prominent Singaporean investment firm, holds a significant stake in Sats, a leading provider of logistics and technology solutions.
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EnchantedSeeker
Mon Aug 12 2024
As a shareholder with a significant stake, Temasek's endorsement of the deal is a crucial vote of confidence that could sway other investors and stakeholders.
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BlockProducer
Mon Aug 12 2024
Specifically, Temasek, through its wholly owned subsidiary Venezio Investments, controls 39.68 per cent of Sats' equity.
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Giuseppe
Mon Aug 12 2024
This substantial ownership position underscores Temasek's commitment to and confidence in Sats' business operations and growth prospects.
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Riccardo
Mon Aug 12 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services to cater to the evolving needs of the digital asset market.
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