Temasek Holdings Exits Position in CITIC Resources

Posted on 11/22/2016


Singapore’s Temasek Holdings exited its position in CITIC Resources Holdings Limited, selling its entire 10% ownership stake, about 786.6 million in shares. The shares were sold to TIHT Investment Holdings III, a fund run by Singapore private equity firm TIH Limited, for the price of HK$ 1.235 per share. Doing some calculations, the purchase cost […]

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