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GIC may have suffered S$760 million loss in BP shares

Posted on June 11, 2010 by bp complaints

GIC may have suffered S0 million loss in BP shares
Singapore’s sovereign wealth fund GIC may have lost as much as S0 million dollars in its investment in British oil giant BP, according to data provided by Bloomberg. As of May 1, GIC owned 200.4 million shares in BP which worth an astonishing US.68 billion dollars. It is not revealed when the shares were purchased and […]
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