From Arabianoilandgas.com: China Investment Corporation (CIC) has continued it’s spending spree by paying US$939 million for a 11% stake in KazMunaiGas Exploration and Production (KMGEP).
In a statement released on its website the Chinese sovereign wealth fund purchased the stake of the Kazakh upstream operator through it’s wholly-owned subsidiary company Fullbloom Investment Corporation………………Full Article: Source