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GIC invests HK$659m in Bloomage in bet on Botox

Friday, November 6, 2015 - 05:50
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GIC Pte's private-equity unit has invested HK$659 million (S$119 million) in Hong-Kong listed Bloomage BioTechnology Corporation Ltd, as it taps into China's growing medical cosmetics market.

Singapore

GIC Pte's private-equity unit has invested HK$659 million (S$119 million) in Hong-Kong listed Bloomage BioTechnology Corporation Ltd, as it taps into China's growing medical cosmetics market.

The investment consists of HK$465 million convertible bonds and HK$194 million