ADVFN - Advanced Financial Network.
HOME» NYSE » C » GIC Stock Price » GIC Stock News

Capital Protected No Share News

 Capital Protected No Stock Price
GIC Stock Price
 Capital Protected No Stock Chart
GIC Stock Chart
 Capital Protected No Stock News
GIC Stock News
 Capital Protected No Company Information
GIC Company Information
 Capital Protected No Stock Trades
GIC Stock Trades

GIC: Did Not Participate In Swiss Govt's UBS Share Placement

SINGAPORE -(Dow Jones)- Government of Singapore Investment Corp. Thursday said it did not participate in the Swiss government's placing of UBS AG (UBS) shares, but added that it remains confident about the bank's outlook. "GIC did not participate in the placement of UBS shares," the sovereign wealth fund said in a statement. "As a large investor in UBS, we maintain our confidence in the long-term prospects." The Swiss government is placing its CHF6 billion ($5.63 billion) holding of UBS mandatory convertible notes institutional investors. The notes will be converted when the sale is completed on Aug. 25. UBS has said the sale will add 332,225,913 shares to its capital, which translates to a dilution of over 10%. -By Se Young Lee, Dow Jones Newswires; +65 6415 4155; vincent.lee@dowjones.com

Stock News for Capital Protected No (GIC)
DateTimeHeadline
08/22/201412:00:09Avolon Pursues IPO as Sale Talks Continue
07/14/201401:30:20China's CICC Prepares for Hong Kong Listing
01/16/201414:30:42Time Warner Sells Manhattan Office Space for $1.3 Billion
01/16/201414:15:08Time Warner Sells Manhattan Office Space to Related for $1.3...
10/22/201309:00:50Goldman Sachs to Sell Majority of European Insurance Unit
10/22/201308:48:17Goldman Sachs Agrees to Sell Majority of European Insurance Unit
09/06/201316:29:09Singapore's GIC, Blackstone May Buy Stakes of About 30% Each...
06/18/201301:40:06EQT, GIC to Sell Springer Science to BC Partners
05/10/201313:40:06Neiman To Court Sovereign Wealth Funds
03/13/201303:44:31Snam Sees Flat 2013 Dividend While Policy to Remain Attractive
01/15/201313:37:13Two Final Bidders Left for Total's TIGF Unit - Sources
01/10/201321:20:13U.S. Wants Resort Sale Postponed to Clear Up Tax Issue
01/10/201314:28:07U.S. Wants Resort Sale Postponed to Clear Up $331 Million Tax...
11/04/201219:24:30China Pacific Insurance Gets Green Light for H-Share Private...
10/16/201211:17:26Springer Science + Business Explores Sale, IPO, Hires Banks -Sources
09/09/201220:16:06China Pacific Insurance: To Raise Around HK$10.395 Billion Via...
08/31/201203:08:44Generali To Draw Interest For 2 Divisions On Sale - Report
07/30/201220:10:33Singapore GIC Cuts Exposure to Bonds, Equities
07/30/201218:43:49Singapore GIC: 20-Year Annualized Real Rate of Return 3.9% for...
12/08/201114:16:33Verizon Investment Management Weighs Private-Equity-Asset Sale

Capital Protected No and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad