Murray's GEMS does new Sino-Forest deal
Entities under General Enterprise Management Services Ltd. (GEMS), the private equity platform of veteran investor Simon Murray, have completed the latest transaction related to noted GEMS investee Sino-Forest Corp., with a new investment and subsidiary company deal.
GEMS entities will invest $25 million into Omnicorp Ltd., a Hong Kong investment holding company owned by Sino-Forest, which is a leading China forestry plantation operator listed in Toronto. Sino-Forest...
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