Forbes.com, 20 Aug 2009
SINGAPORE, Aug 20 (Reuters) - Singapore's largest sovereign wealth fund GIC said on Thursday it did not buy any shares in UBS from the Swiss government, but said it remained confident about the bank's future.
'GIC did not participate in the placement of UBS ( UBS - news - people ) shares. As a large investor in UBS, we maintain our confidence in the long-term prospect,' a spokeswoman for the Government of Singapore Investment Corp said in a statement.
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Related:
Singapore GIC did not buy Swiss govt's UBS shares - XE.com
UPDATE:GIC Did Not Take Part In Swiss Govt's UBS Share Sale - The Wall Street Journal
