By Joanne Chiu
TIHT Investment Holdings III Pte. has bought a 10.01% stake in Citic Resources Holdings Ltd. (1205.HK) from units of Temasek Holdings (Private) Ltd.
The Hong Kong-listed miner, which is 59.5% owned by Citic Ltd. (0267.HK), said after markets closed Monday that TIHT Investment paid 971.5 million Hong Kong dollars ($125.2 million) for a total of 786.6 million shares in the company. It didn't give details about TIHT Investment in the statement.
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(END) Dow Jones NewswiresNovember 21, 2016 04:51 ET (09:51 GMT)
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