| 05.03.2010 - Singapore's GIC says converts UBS notes into shares |
| From Reuters: The Government of Singapore Investment Corp (GIC) said on Friday it has converted its UBS notes into ordinary shares, chalking up a loss of about 70 percent in the value of the stake it has in the Swiss bank. "GIC confirms the conversion," a spokeswoman for the Singapore sovereign wealth fund said in response to Reuters' queries............................................Full Article: Source |