Temasek Holdings (Temasek)

The plans come as the firm becomes an increasingly important deal-maker in the sector globally.

Mattar is joining Trafigura in a newly-created position as head of capital development.

The deal will help the maker of plant-based meat alternatives forge a presence in Asia.

GIC and Temasek Holdings are considering participating in both the Hong Kong and Shanghai legs of the listing.

Seviora will serve as the operational holding company for four existing asset management companies currently under Temasek.

The offering is scheduled to close on October 6, and the bonds are expected to be listed on the SGX-ST on October 7.

The net proceeds will be used to fund the ordinary course of businesses for Temasek and its investment holding companies.

Temasek Financial currently has $12.1 billion across 15 series of notes outstanding under the programme.

One-year total shareholder return (TSR) fell into the red at -2.28%, a 3.77 percentage point drop from the 1.49% posted in FY19.

BlackRock Inc. and Singapore’s Temasek Holdings Pte received approval to jointly build an asset-management business in China with one its biggest banks, bolstering the US company’s expansion in the nation.