Thu, Jul 31, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Singapore’s GIC says converts UBS notes into shares

Posted on 05 March 2010

From Reuters: The Government of Singapore Investment Corp (GIC) said on Friday it has converted its UBS notes into ordinary shares, chalking up a loss of about 70 percent in the value of the stake it has in the Swiss bank.
“GIC confirms the conversion,” a spokeswoman for the Singapore sovereign wealth fund said in response to Reuters’ queries……………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14488 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031