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GIC
Singapore news
Singapore’s GIC to keep investing in US, says SM Lee Hsien Loong
More than a third of GIC’s global portfolio is in the US, Lee said in a speech in New York on Wednesday.
12 days ago
Deals, joint ventures & alliances
GIC said to weigh selling US$5 bil stake in India’s Greenko
Greenko has 7.5 gigawatts of net installed capacity across wind, solar and hydro power in 15 states in India.
October 08, 2024
M&A
GIC agrees to buy 25% stake in EQT-backed waste firm Reworld
GIC is buying the holding from Reworld’s owner, the investment firm EQT.
October 02, 2024
Singapore news
Briefs: Hanwha Group explains offer price for Dyna-Mac; No increase in offer for Silverlake Axis; Anwar speaks in Johor
Also, Temasek sets aside $100 million as concessional capital for climate action; and GIC, Temasek back Brookfield in an emerging markets transition fund.
September 26, 2024
Global Economy
GIC CIO warns of inflation risk ‘coming back sooner’
Returns from past investments “will probably disappoint what we underwrote”, says Jeffrey Jaensubhakij.
September 20, 2024
Global Economy
Briefs: GVT confirms plans for secondary listing on Bursa Malaysia, Taylor Swift endorses Harris for US president
Other news: Economists upgrade Singapore's GDP forecast in 2024; EDBI invests undisclosed amount in digital wealth platform Arta.
September 12, 2024
IPO
Hillhouse, GIC said to be in talks to invest in Midea’s Hong Kong IPO
Shenzhen-listed Midea is seeking to raise as much as US$3.5 billion, set to be Hong Kong's biggest in more than three years.
September 11, 2024
Global Economy
Briefs: Temasek mulling exit from Schneider Electric India venture; KKR, Hulic bid $2.7 bil for GIC's Tokyo skyscraper
In other news this week: Binance hiring 1,000 people as compliance spend tops US$200 million.
August 22, 2024
Company in the news
Banking tycoon who courted S'pore's GIC under scrutiny in Myanmar
Shares in Yoma Strategic have plunged as much as 22%.
July 10, 2024
Singapore news
It only takes a spark: 3% of what GIC manages
Confidence restored is self-fulfilling. In the interim, stop complaining.
June 13, 2024