21.06.2016 - Temasek sells 555 million shares in China Construction Bank
Singapore's state-owned investment firm Temasek Holdings Pte reduced its stake in the Hong Kong-listed shares in China Construction Bank Corp, according to a filing by the Chinese lender to the Shanghai stock exchange. Fullerton Financial Holdings, an affiliate of Temasek, sold the shares at HK$5.01 apiece (87 Singapore cents) on June 16, according to the filing, valuing the block at HK$ 2.78 billion. Fullerton owned 5.88 per cent in China Construction Bank before the sale, reducing its stake to 5.66 per cent, according to data compiled by Bloomberg...............................................Full Article: Source
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