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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

GIC cuts Adani ports & SEZ Holding

Posted on 11 June 2013

In a block deal on BSE, Indivest, an affiliate of Government of Singapore Investment Corporation sold 1.94 Cr shares of Adani Ports & Special Economic Zone at a price of R150 per share aggregating to around R290 Cr.
As on quarter ending March’13, Indivest held 3.55 crore shares, equivalent to 1.78% stake in Adani Ports, while Mavi Investments Fund held 2.2 Cr shares, equivalent to 1.1% stake………………………………………..Full Article: Source


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