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Thursday, January 6, 2011

Temasek buys into Asian Citrus

China Knowledge, 6 Jan 2011Jan. 6, 2011 (China Knowledge) - Asian Citrus Holding Co<0073>, the largest orange plantation owner and operator in China, said yesterday that Temasek Holdings Pte Ltd, Singapore's sovereign wealth fund, has bought a 5.37% stake in the Hong Kong-listed company.Asian Citrus said in a statement filed with the Hong Kong Stock Exchange that Temasek on Dec. 30 subscribed a