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Sovereign Wealth Funds Briefing - Categorized | Financials

Global Logistic shares drop on GIC stake sale

Posted on 26 February 2013

Global Logistic Properties Ltd. (GLP) fell the most in almost 17 months in Singapore trading after Government of Singapore Investment Corp. said it is selling a stake in the biggest owner of industrial properties in Japan.
Shares of the company, also known as GLP, declined as much as 7.3 percent to S$2.55 and traded at S$2.56 as of 10:40 a.m. in Singapore, set for the biggest drop since Oct. 4, 2011………………………………………..Full Article: Source


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