Daily Archives: 2012-01-22

Former VP of GIC is Non-Executive Director of firm GIC invests S$38 million in

~by: Jewel Philemon~ According to Today newspaper the Government of Singapore Investment Corp (GIC) will invest around 189 million yuan (S$38 million) in Li Ning a Chinese sportswear company through a convertible bond. GIC will own around 8 per cent of the sportswear maker if the bond is fully converted and the five-year bonds will pay an annual interest of …

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