23.03.2011 - Singapore GIC ups stake in Shanda Games to 10.3 pct-filing
Singapore sovereign wealth fund GIC has increased its stake in US-listed Chinese video games firm Shanda Games to 10.3 percent as of March 14, from 8.2 percent in December, according to a U.S. filing late on Tuesday. GIC, one of the world's largest wealth funds with over $200 billion in assets, first bought Shanda shares in November 2009, shortly after the Chinese firm's initial public offering in the United States..............................................Full Article: Source
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