15.11.2010 - Temasek buys BOA's rights to bank
From Asiaone.com: Temasek Holdings said yesterday it will raise its stake in China Construction Bank (CCB) by taking up Bank of America's (BOA) entire entitlement in the rights issue of China's No. 2 lender. CCB plans to raise up to 61.6 billion yuan (S$12 billion) this month in Asia's biggest rights issue outside Japan to shore up capital after an industry-wide lending binge last year..............................................Full Article: Source
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