Friday, November 30, 2007

Golden Agri-Resources

SINGAPORE, Nov 30 (Reuters) - An unidentified institutional investor is selling around 200 million shares of Singapore-listed Golden Agri-Resources at between S$1.76 and S$1.85 a share, market sources said on Friday.
Bankers said that CLSA is handling the sale, which would be worth around S$370 million ($256 million) if priced at the top end of the offer range.
At 0207 GMT, Golden Agri shares were down 5.6 percent at S$1.86 with almost 14 million shares traded.

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