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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

State-owned shareholder to sell Jahwa United stake

Posted on 02 March 2011

From Capitalvue.com: Shanghai Jahwa United plans to sell 39 percent of its equity on behalf of a state-owned enterprise that owns the share, reports nbd.com.cn, citing company chairman Ge Wenyao. Potential buyers include China Investment Corporation, Ping An Insurance Group and Singapore’s Temasek.
The chairman is reportedly in talks with several private investors, but their names have not yet been disclosed and the company did not comment on the matter…………………………………….Full Article: Source


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