GIC sells Sunway shares

Shopping at Sunway Pyramid.At dusk, the lights dazzle with Pyramid like a city.

THE final block that GIC Pte Ltd (GIC)held in Sunway Bhd worth RM482mil was sold on Wednesday, indicating the Singapore sovereign fund’s exit from its investment in the latter.

It is learnt that a number of top Malaysian government-linked companies’ funds bought most of the shares that GIC divested.