19.12.2013 - GIC sells Beijing airport stake for S$382 mln
Singapore sovereign wealth fund GIC has sold a stake in the operator of China’s biggest airport for HK$2.36 billion (S$382 million) to NWS Holdings, controlled by Hong Kong billionaire Cheng Yu-tung, the Bloomberg news agency reported. NWS will buy 383 million shares, or about 8.8 per cent, of Beijing Capital International Airport at HK$6.15 apiece, the report said, citing a Hong Kong stock exchange filing...............................................Full Article: Source
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