Reuters, 17 Aug 2011
Aug 17 (Reuters) - Singapore state investor Temasek is selling 253.5 million shares in Thailand's Shin Corp at between 35.5 and 37.25 Thai baht a share, in a deal that could raise up to 9.44 billion Thai baht ($316 million), IFR Asia reported.
The accelerated bookbuilding for the deal was launched by Cedar Holdings, a Temasek-owned entity, late on Wednesday through sole bookrunner Morgan Stanley , IFR said. Full story
Related:
Singapore Temasek selling stake in Shin Corp - The Malaysian Insider
Thai Shin Corp says Singapore's Temasek to dilute stake - Reuters
