Thursday, 3 November 2011
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FoxBusiness.com, 3 Nov 2011
Government of Singapore Investment Corp. has raised its stake in the Hong Kong-listed shares of China Petroleum & Chemical Corp. (0386.HK), or Sinopec, to 5.00% from 4.99%, according to a disclosure on the city's stock exchange.
GIC, Singapore's sovereign wealth fund, bought 1.77 million shares of Sinopec on Oct. 31 at an average price of HK$7.47 each, Sinopec said. The company is the Hong Kong-listed unit of state-owned oil giant China Petrochemical Corp. Full story
Singapore GIC Raised Stake In Sinopec H-Shares To 5.00%
FoxBusiness.com, 3 Nov 2011Government of Singapore Investment Corp. has raised its stake in the Hong Kong-listed shares of China Petroleum & Chemical Corp. (0386.HK), or Sinopec, to 5.00% from 4.99%, according to a disclosure on the city's stock exchange.
GIC, Singapore's sovereign wealth fund, bought 1.77 million shares of Sinopec on Oct. 31 at an average price of HK$7.47 each, Sinopec said. The company is the Hong Kong-listed unit of state-owned oil giant China Petrochemical Corp. Full story
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