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The Singapore investment company sells $1.24 billion of shares in each bank just two weeks after it bought $2.3 billion worth of stock in ICBC.
By Anette Jönsson | 3 May 2012
The Singapore investment company bought about one-third of the China Construction Bank shares that Bank of America Merrill Lynch sold through an $8.3 billion private transaction...
By Anette Jönsson | 7 September 2011
The sale of China Construction Bank shares comes on the day that BoA Merrill's lockup expires and is done through a private transaction with a group of undisclosed investors.
By Anette Jönsson | 30 August 2011
BoA Merrill decides not to buy more shares in CCB and will sell its rights to Temasek instead. Meanwhile, ICBC confirms it is seeking to raise up to $6.8 billion from a rights ...
By Anette Jönsson | 12 November 2010
The long-awaited share sales are offered at discounts of around 40%.
By Anette Jönsson | 3 November 2010
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May 2012