Temasek to invest $150m in China Huiyuan Juice
Temasek Holdings plans to invest $150 million in China Huiyuan Juice, a Hong Kong-listed fruit juice producer that is a portfolio company of SAIF Partners.
According to a regulatory filing, Huiyuan will issue convertible bonds to a wholly-owned unit of Temasek that convert into 166 million shares at HK$7 apiece, a premium of 14.38% over the last close. The...
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