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Singapore state fund builds up stake in Ivanhoe, does nothing for share price

Frik Els | June 11, 2012 | 2:33 pm Base Metals Precious Metals Asia Copper Gold Silver 

Reuters reports Singapore's sovereign wealth fund Temasek Holdings has taken up a 5.5% stake in Canada's Ivanhoe Mines  (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) valued at roughly $420 million. Temasek owned 40.855 million shares of Ivanhoe according to a filing to the US Securities and Exchange...

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