(Reuters) - Singapore state investor Temasek Holdings
Temasek, which is StanChart's biggest shareholder, however, has no immediate plans to sell its stake in the Asia-focused bank, the financial daily said.
Shares of Standard Chartered fell more than 3 percent on September 25 on renewed speculation that Temasek may sell its 18 percent stake in the Asia-focused bank.
Temasek has reportedly expressed its displeasure over the bank's governance for quite some time. The investor abstained from voting for the re-election of the non-executive directors in May, the financial daily said.
Temasek and Standard Chartered were not immediately available for comment.
(Reporting by Avik Das in Bangalore; Editing by Supriya Kurane)