Temasek increases stake in China's ICBC

Reuters, 28 Jun 2013
Singapore state investor Temasek Holdings Ltd has increased its stake in Industrial & Commercial Bank of China, according to a Hong Kong stock exchange statement.
Temasek raised its stake in ICBC to 8.07 percent with the purchase of 126 million shares at an average price of HK$4.602, paying a total of around HK$580 million ($75 million). Full story

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