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Singapore Government stake building in Royal Mail shares

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Singapore Government stake building in Royal Mail shares

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Singapore Government stake building in Royal Mail shares

StockMarketWire.com

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
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Re: Singapore Government stake building in Royal Mail shares

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Re: Singapore Government stake building in Royal Mail shares

Post by Darren Bent »

Do anyone know anything about postal system in Singapore ?
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Re: Singapore Government stake building in Royal Mail shares

Post by POSTMAN »

Darren Bent wrote:Do anyone know anything about postal system in Singapore ?
Not much tbh...
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motch
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Re: Singapore Government stake building in Royal Mail shares

Post by motch »

Darren Bent wrote:Do anyone know anything about postal system in Singapore ?
no idea about the postal system however the size is very similar to London. So i'd imagine it's just like delivering to london only (with a few more Hi-Rise!)

So probably very cost effective not having too many sparsely populated areas.
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