GIC cuts stake in Sinopec Shanghai Petrolchemical

Alibaba.com, 8 Jun 2009
Jun. 9, 2009 (China Knowledge) - Government of Singapore Investment Corp (GIC), a global investment management company established in 1981 to manage Singapore's foreign reserves, has cut its H-share holding in Sinopec Shanghai Petrochemical Co Ltd to 4.8% from the previous 5.02%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx).
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