Singapore's GIC not ruling out fresh cash injection into UBS - report

CNNMoney.com
1 Apr 2008

SINGAPORE, Apr. 1, 2008 (Thomson Financial delivered by Newstex) -- The Government of Singapore Investment Corp. (GIC), a sovereign wealth (OOTC:SOVW) fund, is not ruling out a fresh cash injection into UBS (NYSE:UBS) AG after the Swiss financial giant announced a plan to raise another $15 billion in capital through the issuance of new shares, the Business Times reported on Wednesday.

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