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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

GIC to acquire 5pct stake in proposed Sunway City REIT

Posted on 01 June 2010

From Channelnewsasia.com: The Government of Singapore Investment Corporation (GIC) has agreed to acquire a 5 per cent stake in the proposed real estate investment trust of the Malaysian developer, Sunway City.
Sunway City said it has entered into a cornerstone agreement with GIC for the sale of 134 million units of the REIT……………………………………….Full Article: Source

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