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

Kuwait Investment Authority: Won’t sell stake in Agricultural Bank Of China

Posted on 13 May 2011

The Kuwait Investment Authority doesn’t plan to sell the stake in Agricultural Bank of China Ltd. that it has held since the bank’s initial public offering after the lock-up period expires, the fund’s managing director Bader Mohammad Al-Sa’ad said Thursday.
Al-Sa’ad, speaking to reporters on the sidelines of the International Forum of Sovereign Wealth Funds in Beijing, declined to disclose the size of its stake in the bank……………………………………….Full Article: Source


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