Reuters, 14 Oct 2009![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqUNJBXA2lIp_HO95uG8HUl_PTMC_EMUF0o1trGHPwepW7764yvDPG-uJs_x23I3781dihRyUWRSEDAjSTTgqkH2fnBMtL7c8WQ7v-BYAmsJsOtXU3uejscToL9Pvu6kF3QOKBUAUthFAa/s320/GIC.png)
An investor consortium including affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR),
Government of Singapore Investment Corporation (GIC SI) and China International Capital Corporation Limited (CICC) announced an investment of $160 million for a significant minority stake in International Far Eastern Leasing Company Ltd. (Far Eastern), the leading provider of financial leasing in China and a subsidiary of Sinochem Group (Sinochem).
"We are pleased to become a partner of Far Eastern Leasing and Sinochem. As a global investor, GIC SI has a long-term investment interest in China," Liu Dong, Head of GIC SI Greater China said.
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KKR, GIC, CICC buy into China financial leasing firm - Reuters