Mandolin Fund ups stake in Sino-Forest to 18%
Singapore-based Mandolin Fund now owns 18% of Sino-Forest, having increased its stake in the scandal-hit forestry company for the third time in four weeks.
The fund, run by New Zealand-born billionaire Richard Chandler, said on Friday that it bought another 2.7 million shares at an average price of C$6.09 on August 4. It now holds a total of 44.3 million...
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