Singapore GIC ups stake in Shanda to 6.5 pct-filing
SINGAPORE |
SINGAPORE Feb 5 (Reuters) - The Government of Singapore Investment Corp (GIC) has raised its stake in Chinese video games firm Shanda (GAME.O) to 6.5 percent from 5.4 percent, according to a Feb 4 filing to the Securities and Exchange Commission.
GIC, one of the world's largest wealth funds with over $200 billion in assets, last bought Shanda shares in November, shortly after the Chinese firm's initial public offering in the United States.[ID:nSIN378905]
(Reporting by Kevin Lim; Editing by Valerie Lee)
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