| Singapore-listed Noble Group, an oil player in the U.S. cash and rack markets, has received more investment from another sovereign wealth fund. Korea Investment Corporation (KIC) joins China's sovereign wealth fund, China Investment Corporation (CIC), who became a Noble shareholder in September 2009.
Noble said that KIC had acquired a significant and strategic stake in the company, which could amount to slightly more than $100 million or about a 1% share of the company. This is in addition to a 14% stake acquisition at Noble by CIC, the second largest stakeholder behind Noble Holdings Limited's 21.34% share..............................................Full Article: Source
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