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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment, Market

CIC invests in Global Logistic IPO, CBN says

Posted on 19 October 2010

From Bloomberg: China Investment Corp. and the country’s pension fund invested in the initial public offering of Global Logistic Properties Ltd. in Singapore, the China Business News reported today.
China’s Social Security Fund took a 2.2 percent stake in Global Logistic through Bosera Asset Management Co., the report said, citing a prospectus posted to the Monetary Authority of Singapore’s website. The newspaper didn’t say how much CIC invested in the Singapore company or where it got the information……………………………………….Full Article: Source


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