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 M¢25  Funded By Mahalo ? |  August 31, 2009 02:11 PM

How many preferred shares of Citigroup does Singapore Investment Corp own?

How much ownership does GSIC control of citigroup?
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Best Answer  Decided by Votes

 
September 04, 2009 02:16 PM
Accordingt o their government website they own 8% of Citigroup. They also converted the preferred stock to common stock at an exhange price of 3.25 a share which will rise their equity ownership to 11.1 percent.

http://www.swfinstitute.org/fund/gic.php
Source(s):
http://www.swfinstitute.org/fund/gic.php



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Helpful: davepamn

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October 14, 2009 02:10 PM
What year did Singapore SWF own 11 percent of Citigroup? Has the SWF since then sold off its position in Citigroup?

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October 14, 2009 02:30 PM
In 2009, Singapore SWF drop below 5 percent and became a portfolio investor looking for long-term gains.

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