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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

GIC logisitics unit IPO priced at S$1.96 per share

Posted on 08 October 2010

From Reuters: Singapore sovereign wealth fund GIC’s logistics unit has priced its initial public offer at the top end of the range, S$1.96 per share, sources said on Friday.
The final price means GIC could raise S$3.9 billion ($2.95 billion) if it exercises the greenshoe option, making it the city-state’s second-biggest IPO……………………………………….Full Article: Source


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