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via EdgeSingapore RSS on 5/26/09
Two shareholders in Genting Singapore (GNTG.SI) are looking raise as much as $650 million from the sale of 853.8 million shares in the gaming firm, according to a term sheet seen by Thomson Reuters this morning.
Golden Hope Ltd and Lakewood Sdn Bhd are selling the shares at 72–76 cents a share, according to the term sheet, which said UBS (UBSN.VX) is a joint book-runner for the secondary placement.
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