AgBank seeks 1-yr, $1 bln lock-ups from Qatar, Temasek

HONG KONG, June 10 (Reuters) - The Agricultural Bank of China [ABC.UL] is close to signing up cornerstone investors, including Temasek [TEM.UL] and Qatar's sovereign fund, for its roughly $20 billion Hong Kong and Shanghai IPO, sources involved with the deal said on Thursday, with the bank hoping to get a longer-than-normal one-year lock-up.

Cornerstone investors for AgBank's Hong Kong listed H-share offering are expected to invest between $100 million and $1 billion each, the sources said. Interested sovereign funds, which also include Kuwait and China Investment Corp, are in talks to buy up shares worth closer to the $1 billion mark.

AgBank's underwriters are in talks to sign up around 20 cornerstone investors, the sources say, with the final list expected to be wrapped up this weekend. (Reporting by Michael Flaherty and Kennix Chim; Editing by Jacqueline Wong )