GIC Pte

The super app is seeking to enter Indonesia, Malaysia, Thailand and the Philippines after venturing into Vietnam in 2019.

This comes after Singapore changed the way the central bank transfers excess foreign currency reserves to the firm.

The deal adds to the private equity firm’s bets on warehousing globally.

The MAS is also involved in the effort, with the capital markets regulator planning to add to some of its existing measures.

Choo Koon Po, GIC’s vice president of private equity in Southeast Asia, is also leaving the firm to join Kunal

Temasek is also looking at companies that focus on cyber-security providers and increased sustainability.

NEW YORK (May 22): Brookfield Asset Management Inc. and Fortress Investment Group are among the bidders for a portfolio of 15 hotels owned by Anbang Insurance Group Co., according to people familiar with the sales process.

(Apr 22): The head of Singapore’s sovereign wealth fund is undeterred by the sky-high valuations of tech companies.

SINGAPORE (Mar 19): Singapore’s sovereign wealth fund GIC Pte has grown more optimistic about Brazil.

SINGAPORE (Apr 24): Singapore initial public offerings sure are having trouble getting over the finish line these days.