Singaporeâs Temasek Sells Entire Stake in Bank of America Share | Email | Print | A A A By Chen Shiyin and Miles Weiss May 15 (Bloomberg) -- Temasek Holdings Pte, a Singapore state-owned investment company that bought stakes in Merrill Lynch & Co. and Barclays Plc amid the global financial crisis, has sold its stake in Bank of America Corp. Temasek had received shares in Bank of America after the U.S. bank bought Merrill Lynch & Co. The investment company had paid about $5.9 billion for a 14 percent stake in Merrill Lynch. âWe have divested our shares in Bank of America,â Temasek said in an e-mailed response to Bloomberg News queries. A Form 13F filing to the U.S. Securities and Exchange Commission indicates that Temasek no longer held shares in Bank of America or Merrill Lynch as of March 31. To contact the reporter on this story: Chen Shiyin in Singapore at firstname.lastname@example.org; To contact the reporters on this story: Miles Weiss in Washington at email@example.com; Last Updated: May 14, 2009 21:23 EDT http://www.bloomberg.com/apps/news?pid=20601110&sid=aXLFPg87qG10 It's all good - buy buy buy!!