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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek, KIA said among investors in Citic Securities sale

Posted on 16 September 2011

Temasek Holdings Pte and Kuwait Investment Authority are among early investors who agreed to buy $900 million of stock in Citic Securities Co.’s initial share sale in Hong Kong, two people with knowledge of the matter said.

The Singaporean state-owned investment firm will invest $150 million in the offering, while the Kuwaiti sovereign wealth fund is putting in $200 million, said the people, who declined to be identified as the process is confidential……………………………………….Full Article: Source


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