Tue, Jan 27, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Temasek buys BOA’s rights to bank

Posted on 15 November 2010

From Asiaone.com: Temasek Holdings said yesterday it will raise its stake in China Construction Bank (CCB) by taking up Bank of America’s (BOA) entire entitlement in the rights issue of China’s No. 2 lender.
CCB plans to raise up to 61.6 billion yuan (S$12 billion) this month in Asia’s biggest rights issue outside Japan to shore up capital after an industry-wide lending binge last year……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15610 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031