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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek buys Bank Of China shares 2 months after sell-down

Posted on 30 August 2011

Temasek Holdings has increased its stake in Bank of China’s Hong Kong-listed shares by 7.07 per cent from 6.96 per cent for HK$288.64 million (S$44.7 million), the Wall Street Journal reported Monday.
Singapore’s sovereign wealth fund’s on-exchange stake purchase on Aug 22 comes just weeks after its US$2 billion (S$2.4 billion) sell-down in the lender……………………………………….Full Article: Source


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