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GIC Global Industrial Company

33.98
0.36 (1.07%)
Last Updated: 18:10:16
Delayed by 15 minutes
Share Name Share Symbol Market Type
Global Industrial Company NYSE:GIC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.36 1.07% 33.98 33.98 33.395 33.77 9,265 18:10:16

Government Of Singapore's UBS Convertible Notes To Become Shares - SEC Filing

11/02/2010 10:17am

Dow Jones News


Global Industrial (NYSE:GIC)
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The Government of Singapore Investment Corp. will see CHF11 billion worth of UBS AG (UBSN.VX) notes being converted into shares on March 5, according to a Securities and Exchange Commission filing.

The filing said GIC will convert the notes into 230.7 million ordinary shares of UBS, bringing GIC's stake in UBS to 6.6%.

GIC held 9% of the Swiss bank through the convertible notes.

A GIC spokeswoman declined to comment. UBS also declined comment.

-By Costas Paris, Dow Jones Newswires; 65 6415 4151; costas.paris@dowjones.com

 
 

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