Business
GIC takes 25% stake in Spain’s broadband venture
Sovereign wealth fund GIC will take a 25 per cent stake in a fibre optic broadband venture between MasOrange, partly owned by France’s…
Tag
GIC
Business
GIC posts 3.8% 20-year annualised real rate of return; expects returns ahead will be more volatile
Sovereign wealth fund GIC reported an annualised rolling 20-year real rate of return of 3.8 per cent for its latest period ended Mar 31,…
Business
GIC to expand AI use after initial trials to review deals yield positive results
Artificial intelligence (AI) will have a foundational impact on the world, and offers unparalleled opportunities for investments and…
Business
‘Pressing need’ for investments in energy infrastructure: GIC
Sovereign wealth fund GIC sees a “pressing need” for investments in grid infrastructure and power equipment supply chains, as it bets on…
Business
Having GIC as a cornerstone investor in NTT DC Reit’s IPO is a good move for the market too
THE listing by Japanese telecom giant’s NTT data centre real estate investment trust (Reit) is a welcome fillip for the local equities…
Business
Temasek, GIC are said to buy Novotech stake in deal with TPG
Temasek and GIC will acquire a significant stake in Novotech to fuel growth and accelerate acquisitions for the clinical research and…
Business
Temasek, GIC to buy ‘significant stake’ in clinical research provider Novotech
Clinical research and testing provider Novotech on Monday (Mar 31) announced that Temasek and GIC will acquire a “significant stake in the…
Business
GIC makes senior leadership changes, appoints new group CIO
Bryan Yeo succeeds Jeffrey Jaensubhakij, who is stepping down after almost three decades at the firm GIC’S deputy group chief investment…
Business
Vanke in talks to sell logistics firm stake to GIC: source
INDEBTED property developer China Vanke is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth…
Business
GIC invests further US$150 million in Asia Healthcare Holdings
GIC announced on Wednesday (Dec 18) that it will be investing an additional US$150 million into Asia Healthcare Holdings (AHH), a…
Business
GIC Picks JPMorgan to advise on US$5 billion Greenko stake sale
GIC is working with JPMorgan Chase to help advise on a strategic review of options including a sale of its 50 per cent stake in India’s…
Business
EQT and GIC to acquire majority stake in UK’s Calisen from consortium of investors
PRIVATE equity firm EQT and Singapore’s sovereign wealth fund GIC will acquire a majority stake in UK’s Calisen, more than four years…
Business
ADIA, GIC said nearing Pye-Barker Fire & Safety minority stake
The Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are in advanced talks to acquire a minority stake in Pye-Barker Fire &…
Business
ADIA, GIC in talks to acquire Pye-Barker Fire & Safety minority stake: sources
The Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are in advanced talks to acquire a minority stake in Pye-Barker Fire &…
Business
Grocer Lulu’s US$1.72 billion Abu Dhabi IPO draws Vanguard, GIC
HYPERMARKET chain operator Lulu Retail Holdings’s US$1.72 billion Abu Dhabi initial public offering drew orders worth US$37 billion,…