06.07.2011 - Temasek trims holdings in BOC and CCB
The Singapore investment company sells $2.4 billion worth of shares in Bank of China and $1.2 billion of shares in China Construction Bank through two block trades arranged by Morgan Stanley. Temasek Holdings last night raised $3.6 billion by selling part of its stake in Bank of China and China Construction Bank the largest sell-down by the Singapore investment company in either bank to date and its biggest divestment in any sector so far this year..............................................Full Article: Source
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