Temasek “still excited” about China; GIC to focus on certain sectors in the country
China makes up 22% of the portfolio of Temasek.
GIC, Temasek back Sweden-based H2 Green Steel’s $1.6b funding
This marks the largest private placement in Europe this year.
SG Digest: TPG-backed firm may put oncology centres on the block; GIC weighs sale of Tokyo skyscraper
The potential sale would value the Hong Kong Integrated Oncology Centre at more than $100m.
PE firm Trustar plans to raise fund to manage McDonald’s China stake
Trustar is also planning to roll over part of its holdings in McDonald's China into a new fund it is raising.
India Digest: Mamaearth eyes up to $150m pre-IPO funding; WestBridge Capital acquires investment firm
Mamaearth is expecting to raise capital at a valuation of $1.5b.
Singapore’s GIC acquires nine Carrefour assets in Brazil for $241m
The transaction is supported by a 20-year renewable lease contract with Carrefour Brazil Group.
Middle-Eastern sovereign wealth funds bet on India story amid global slowdown
They are increasingly parking their wealth directly into Indian companies.
India Digest: OTPP eyes $100m Xpressbees investment; Sterlite Power in talks with GIC for $300m fund infusion
The Canadian pension investor may buy a stake in Xpressbees at about $1.4b valuation
GIC sustainability head Rachel Teo departs after a year at the helm: report
Teo led the dedicated sustainability office since its inception in June 2022.
Shares of Indonesian movie operator Cinema XXI rise 17% on listing day
Cinema XXI had raised $148m from its IPO on July 27-31 by issuing 8.3 billion new shares.
