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ShawKwei eyes returns from Gaylin in 5 years

It's also confident that the O&M-focused firm will be able to repay its existing bank loans within the next 3 years

Published Tue, Mar 13, 2018 · 09:50 PM

Singapore

PRIVATE equity (PE) firm ShawKwei & Partners expects its equity investment in Gaylin to generate positive returns in the next five years.

Founder and managing director of ShawKwei & Partners, Kyle Shaw, told The Business Times that the S$68 million the firm parted with for a 76 per cent controlling stake in Gaylin represents its first foray into the oil and gas-related sectors.

Mr Shaw explained that ShawKwei generally observes a five-year time horizon for its investments. Additionally, the PE firm is confident that Gaylin - as an offshore …

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