China Investment sells some shares in Teck Resources

France Nouvelles Nouvelles

China Investment sells some shares in Teck Resources
France Dernières Nouvelles,France Actualités

China investment corporation (CIC) said on Tuesday its wholly-owned subsidiary, Fullbloom Investment Corporation, sold some of its shares in Teck Resources Ltd.The company sold 3,000 Class B subordinate voting shares for gross proceeds of nearly C$169,000 ($127,720.68) at about C$56.30 apiece, CIC said.

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China investment corporation said on Tuesday its wholly-owned subsidiary, Fullbloom Investment Corporation, sold some of its shares in Teck Resources Ltd.

The company sold 3,000 Class B subordinate voting shares for gross proceeds of nearly C$169,000 at about C$56.30 apiece, CIC said.Fullbloom now holds 50.8 million of Class B shares of Teck, or about 9.895 per cent of the issued and outstanding Class B Shares.

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