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Singapore GIC takes stake in Proton.(Business News)

Publication: UPI NewsTrack

Publication Date: 25-NOV-04
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COPYRIGHT 2004 United Press International

SINGAPORE, Nov. 25 (UPI) -- The Government of Singapore Investment Corp. has bought a 5 percent stake in Proton Holdings, Today newspaper reported Thursday.

The price GIC paid for the stake was not disclosed. Proton, a pet project of former Malaysian Prime Minister Mahathir Mohamad, was set up in...

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