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GIC may swap stake in Reid & Taylor with debt-laden listed parent S Kumars

By Shruti Ambavat

  • 29 May 2015
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GIC may swap stake in Reid & Taylor with debt-laden listed parent S Kumars

Singapore sovereign wealth fund GIC may get to swap stake in Reid & Taylor with the listed parent S Kumars Nationwide (SKNL), a company executive told VCCircle. Although this could provide a future liquidity window for GIC, given the state of affairs of debt-laden SKNL, it may not be much ......

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