Singapore’s GIC buys into Malaysia's Parkson Holdings

The Edge Malaysia, 26 Aug 2011
KUALA LUMPUR: The Government of Singapore Investment Corporation Pte Ltd has emerged as a substantial shareholder in PARKSON HOLDINGS BHD [] with a 5.03%.
According to a filing to Bursa Malaysia, the Singapore GIC acquired 55.028 million shares as at Aug 24, Wednesday.
The shares of the department store operator were acquired from the open market. Full story