Temasek invests US$200 million in PRC orange producer

    December 14, 2010 | BY

    clpstaff &clp articles

    Singapore sovereign wealth fund Temasek Holdings has invested US$200 million in Asian Citrus Holdings, the largest orange producer in China. Asian Citrus…

    Singapore sovereign wealth fund Temasek Holdings has invested US$200 million in Asian Citrus Holdings, the largest orange producer in China.

    Asian Citrus Holdings is listed on the Hong Kong Stock Exchange and on AIM. It placed 175 million new shares on the Hong Kong bourse worth US$200 million.

    Temasek was advised by a Hong Kong-based Clifford Chance team led by Roger Denny and Neeraj Budhwani. Fried Frank Harris Shriver & Jacobson, Cleary Gottlieb Steen & Hamilton and Mallesons Stephen Jaques were also involved in the deal.

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