Singaporean Robin Hu, the chief executive of South China Morning Post (SCMP) is stepping down from his position to join investment company Temasek.
The amendment to make Singapore- based investment company Temasek Holdings as a bigger contributor to the government's income was passed, reported Channel NewsAsia on Monday.
Singapore's state-linked investment giant Temasek Holdings agreed to take a stake in restaurant operator Devyani International, who is the largest franchisee for Pizza Hut and KFC in India and also has Pan India franchisee rights for Costa Coffee, local media reported Monday.