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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek, GIC invest in China’s Longfor IPO

Posted on 29 October 2009

From Reuters: Beijing-based property company Longfor Properties Co Ltd, which aims to raise up to $1 billion from its Hong Kong public offering, has seized five cornerstone investors for a combined $300 million worth of shares, a source close to the deal said on Wednesday.

The cornerstone investors include the Government of Singapore Investment Corp, Temasek, Hong Kong Land and China’s Ping An Insurance, the source said……………………….Full Article: Source

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