cic, canada pension may take goodman group stk

CIC, Canada Pension May Take Goodman Group Stake, Review Says
By Madelene Pearson

June 5 (Bloomberg) -- China Investment Corp. and the Canada Pension Plan Investment Board may be in talks with Goodman Group to help recapitalize the industrial property operation, the Australian Financial Review said, without citing anyone.

One or both may help recapitalize Goodman by taking cornerstone stakes in the listed entity or satellite funds, or by buying some assets, the newspaper reported in its Street Talk column, without saying where it got the information.

To contact the reporter on this story: Madelene Pearson in Melbourne on [email protected]

Last Updated: June 4, 2009 17:34 EDT
http://www.bloomberg.com/apps/news?pid=20601081&sid=a4SmafCLg85k&refer=australia

CIC China Investment Corporation

CIC was established on September 29th 2007 with the issuance of special bonds worth RMB 1.55 trillion by the Ministry of Finance. These were, in turn, used to acquire approximately USD 200 billion of China¡¯s foreign exchange reserves and formed the foundation of its registered capital.
June 2, 2009
CIC purchases $1.2 billion Morgan Stanley common stock£¨21:00£©.This new purchase will bring CIC¡¯s equity ownership in MS back to approximately 9.86%

CIC is the hidden fund backer for RIO-Chinalco deal.

LINK:
http://www.china-inv.cn/cicen/about_cic/aboutcic_overview.html