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GIC may be selling Sunway stake worth more than RM400m
Published Tue, Nov 4, 2014 · 09:50 PM
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Kuala Lumpur
SINGAPORE'S investment agency GIC is selling a stake worth more than RM400 million (S$155 million) in Malaysia's property-to-construction conglomerate Sunway, according to a term sheet seen by Reuters on Tuesday.
The shares are being priced in a range between RM3.20 and RM3.30 each, the term sheet showed, representing a di…
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