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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 |
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
1 Year Global Industrial Chart |
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