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GIC trims stake in Malaysia's Sunway

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Published Fri, Oct 4, 2013 · 10:00 PM

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Singapore

SINGAPORE'S sovereign wealth fund GIC Pte said that it is selling a stake in Malaysian property development and construction company Sunway Bhd.

The block sale is part of GIC's regular rebalancing of its portfolio, the state fund said in an e-mailed statement yesterday.

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