04.01.2010 - SouthGobi may sell $400 mln shares in Hong Kong
From Businessweek.com: China Investment Corp., the nation’s sovereign wealth fund, in November bought $500 million of 30-year senior convertible bonds issued by SouthGobi, according to a draft prospectus posted on the Hong Kong stock exchange’s Web site. SouthGobi is 79 percent-owned by Ivanhoe Mines Ltd. before the Hong Kong share sale and CIC conversion of the bonds into shares, the prospectus said..........................................Full Article: Source
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