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Sovereign Wealth Funds Briefing - Categorized | Investment

Singapore’s GIC raises ownership in BTN

Posted on 09 July 2012

Singapore’s government investment vehicle has increased its ownership in publicly listed PT Bank Tabungan Negara (BTN), which is due to launch its rights shares later this year.
According to the bank’s document on the composition of shares ownership submitted to the Indonesia Stock Exchange (IDX) on Friday, the Government of Singapore Investment Corporation (GIC) held a 5.11 percent stake in June, up from 5 percent the previous month………………………………………..Full Article: Source


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