The Times Of India, 17 Jan 2012MUMBAI: The Singapore government has acquired a 1.09% stake, worth over Rs 2,500 crore, in the Mukesh Ambaniled Reliance Industries (RIL), according to latest shareholding data from the company. At the end of every quarter, listed companies have to disclose the names of shareholders having more than 1% stake.
According to this data, as of December 31 last year, the Singapore government had nearly 3.6 crore RIL shares, accounting for the 1.09% stake in the company. At the current price of Rs 713 a piece, these shares are worth about Rs 2,550 crore. Full story
Related:
Singapore govt buys into RIL - Hindustan Times
Singapore govt buys 1.09% stake into Reliance Industries - The Economic Times
Government of Singapore buys over 1% stake in Reliance Industries - Profit.NDTV.com
