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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

GIC of Singapore picks up NTPC shares worth Rs 1,000 cr

Posted on 11 February 2013

Sovereign wealth fund GIC of Singapore has cornered shares worth Rs 1,000 crore in NTPC divestment in which foreign funds bought almost 45 per cent of shares put on sale. Sovereign wealth fund GIC of Singapore has cornered shares worth Rs 1,000 crore in NTPC divestment in which foreign funds bought almost 45 per cent of shares put on sale.
“Foreign institutional investors have been allocated 44.92 per cent of shares, while banks and insurance companies got allotment of 11.05 per cent and 24.87 per cent, respectively,” an official source said………………………………………..Full Article: Source


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