Worldwide investments in cluster munitions

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1.2.52 Grantham, Mayo, Van Otterloo & Co (United States) ASSET MANAGEMENT In May 2009. Grantham, Mayo, Van Otterloo & Co owned or managed 0.32% of the shares in Singapore Technologies Engineering, valued at US$15 million.184

1.2.53 Great-West Lifeco (United States) ASSET MANAGEMENT In June 2009, Great-West Lifeco owned or managed 1.36% of the shares in L -3 Communications Corporation, valued at US$109 million.185

1.2.54 Hanwha Securities (South Korea) INVESTMENT BANKING In March 2008, Hanwha Corp. issued three-year bonds worth 120 billion Korean Won (US$118.44 million). The proceeds were used for general corporate purposes. Hanwha Securities, part of the issuing syndicate, underwrote US$13.2 million.186 In June 2008, Hanwha Corp. issued three-year bonds worth 170 billion Korean Won (US$163.54 million). The proceeds were used for general corporate purposes. Hanwha Securities, part of the issuing syndicate, underwrote US$13.2 million.187 In February 2009, Hanwha Corp. issued bonds worth 260 billion Korean Won (US$175.5 million). The issue was split into three tranches: three-year bonds worth 70 billion Korean Won, two-and-a-half-year bonds worth 140 billion Korean Won and one-year bonds worth 50 billion Korean Won. The proceeds were used for general corporate purposes. Hanwha Securities, part of the issuing syndicate, underwrote US$27 million.188

1.2.55 Henderson Global Investors (United Kingdom) ASSET MANAGEMENT In May 2009, Henderson Global Investors owned or managed 0.22% of the shares in Singapore Technologies Engineering, valued at US$10 million.189

1.2.56 HMC Investment Bank (South Korea) INVESTMENT BANKING In June 2008, Hanwha Corp. issued three-year bonds worth 170 billion Korean Won (US$163.54 million). The proceeds were used for general corporate purposes. HMC Investment Bank, part of the issuing syndicate, underwrote US$16.35 million.190

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