SINGAPORE, Nov 30 (Reuters) - An unidentified institutional investor is selling around 200 million shares of Singapore-listed Golden Agri-Resources at between S$1.76 and S$1.85 a share, market sources said on Friday.
Bankers said that CLSA is handling the sale, which would be worth around S$370 million ($256 million) if priced at the top end of the offer range.
At 0207 GMT, Golden Agri shares were down 5.6 percent at S$1.86 with almost 14 million shares traded.
Friday, November 30, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment