The Business Times

GIC

Global Enterprise

17 exotic cars, US$500,000 private chef: First Brands’ Malaysian-born founder accused of looting US$700 million

FILE PHOTO: A signage of Singapore’s sovereign wealth fund GIC is pictured at their office in Singapore July 13, 2023. REUTERS/Edgar Su/File Photo
International

Sovereign funds of Norway, Abu Dhabi and Singapore to invest in India’s Groww IPO: sources

The divestment by GIC may include as many as than 30 funds from global private equity managers, including Blackstone, Apollo Global Management and TDR Capital.
Singapore

Singapore’s GIC seeks to sell US$1 billion of stakes in PE funds

Danantara is the latest sovereign wealth fund to allocate more resources to the rapidly growing private markets.
ASEAN Business

Indonesian sovereign wealth fund Danantara hires 2 executives from Singapore’s GIC

Goldman Sachs is predicting a major ramp up in dealmaking towards the end of the year, with a chance that 2026 proves a record year for M&A.
Banking & Finance

Sovereign wealth funds, including Singapore’s GIC, drive biggest deals in US$3.5 trillion M&A year

Shares of NIO also dropped as much as 13% on the HKEX.
Companies & Markets
HOT STOCK

Billions wiped off Nio’s market value as shares plunge 9.5% on news of GIC lawsuit

Nio founder William Li with the Nio ET9, at the Nio Day event in China, 23 December  2023.
Singapore

GIC sues China EV maker Nio, top execs for allegedly inflating revenues of at least US$600 million

GIC has been in talks to redeem some of its funds invested with Point Bonita Capital in recent weeks, according to sources.
Companies & Markets

Singapore’s GIC seeks redemption from Jefferies’ Point Bonita

Most major markets in Asia lack consistent climate adaptation plans, says a prominent climate-focused investor group.
ESG Insights
ESG Insights

Issue 166: GIC mainstreams climate adaptation investing; Singapore to tackle reporting of cloud services emissions

Nouryon was looking to push out its debt maturities by more than two years from April 2028, but shelved the deal amid concerns about higher costs in the chemicals sector.
Energy & Commodities

GIC, Carlyle-backed chemicals firm Nouryon shelves US$5.8 billion loan amid investor unease

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