Source: www.kepcorp.com Singapore's Temasek Holdings is terminating its S$4.1 billion conditional offer for conglomerate Keppel Corp by invoking a material adverse change (MAC) clause following the company's poor financial results. Source: CNA    Refer also to my earlier post below, where I wrongly predicted that Temasek will still put up the offer amid a lower price than the initial SGD7.35 a share. Rolf’s Thoughts: Keppel (the son), Hoping for Temasek (the father) 's Partial Offer? SO WHY? Did the Father (Temasek) give up on the Son (Keppel)? I don’t think so. No Father will give up on his children. The news of the partial for Keppel was made last year prior to the unexpected Covid-19 crisis. Temasek and Singapore will never have expected that SIA and Singapore economy will require more than S$100 Billion stimulus in 2020, back then, when Temasek...