IN BRIEF (Page 13)
China Daily | Updated: 2010-01-15 08:08
CIC, Temasek investment
China Investment Corp (CIC) and Temasek Holdings Pte will each invest $50 million in SouthGobi Energy Resources Ltd's share sale, SouthGobi Chief Executive Officer Alexander Molyneux said yesterday.
The Vancouver-based energy supplier may raise as much as C$459 million ($445 million) in a Hong Kong initial public offering, Bloomberg reported.
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