Thu, Sep 18, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek seeks to sell entire stake in Kaisa

Posted on 12 May 2011

An investment company wholly owned by Temasek last night sought to sell its entire stake in Chinese property developer Kaisa Group Holdings, taking advantage of a more than doubling in the share price during the past six months.
As of early this morning, the deal was still open, but sources said it was poised to price at the bottom of the offering range since that was where a number of large US orders were coming in. This should allow the Singapore investment company to raise HK$1.19 billion ($153 million)……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14758 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930