Singapore's Temasek Holdings Pte. has sold its entire stake in Barclays PLC (BCS), booking a loss of around $850 million from the investment, people familiar with the situation said Wednesday.

Temasek sold the stake of about 2% mostly in December and January, the people told Dow Jones Newswires.

The state-owned investment company had invested over GBP1 billion ($1.66 billion) in Barclays, starting in July 2007.

Both Temasek and Barclays declined to comment.

-By Costas Paris, Patricia Kowsmann and Marietta Cauchi, Dow Jones Newswires; 65 6415 4157; patricia.kowsmann@dowjones.com