| From Emoneydaily.com: The Singapore government has decided to hold its stake in Citigroup Inc. for now. The biggest investor in Citigroup Inc, Government of Singapore Investment Corp. has decided to hang onto its stake in the company for several more year until a more opportune time to sell comes along.
Tony Tan, deputy chairman of the Singapore sovereign wealth fund, said that, We look to continue to hold on to our stakes in UBS and Citigroup for many years to come. But one never says never; if someone offers an extremely high price, of course we’ll look at the possibility.”.............................................Full Article: Source
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