| Sunway Bhd shares worth RM482mil that were owned by GIC Pte Ltd have been traded in an off-market deal. According to stock market data, a total of 150.6 million Sunway shares changed hands yesterday at RM3.20 each.
Sunway share price closed at RM3.23, a 12 sen or 3.6% drop, with 1.67 million shares traded. Reuters reported that GIC, Singapore’s sovereign wealth fund, which owns a 8.7% block in Sunway, had hired CIMB and JP Morgan as the joint bookrunners for the sale of Sunway shares...............................................Full Article: Source
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