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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
Add BT as a preferred sourcePublished 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.
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