Royal Mail (RMG)
Singapore Government stake building in Royal Mail shares
It was announced today that GIC Private Limited (the Sovereign wealth fund formerly known as Government of Singapore Investment Corporation ) now own 41,022,465 (4.10%) shares in Royal Mail Group Plc worth £225 million. This stake building is on top of that already declared by Chris Hohn’s The Children's Investment Master Fund who own 58,191,212 (5.82%) shares in Royal Mail worth £320 million.
Other notable investments by GIC in the UK include The Blue Water Shopping Centre and Kelda Group the water and waste management company. At 3:39pm: (LON:RMG) share price was +22.5p at 551.5p