GIC

GIC is offering all of its office space from the 8th to 31st floor in the Pacific Century Place building next to Tokyo Station.

GIC’s Tokyo property attracts US$1.4b bid from Japanese developer Kenedix: sources

The potential purchase indicates that domestic developers are also keen on the biggest property deals in Japan’s capital

Momenta’s advanced driver-assistance systems are currently used by Toyota, Mercedes-Benz, and Audi in China.

Transport & Logistics

GIC-backed Momenta kicks off Hong Kong IPO, targets up to HK$5.89 billion

The company aims to offer 19.9 million shares at HK$295.60 each

Meta has made several investments in India over the past few years, one of its most important markets and a major hub for WhatsApp.

Telcos, Media & Tech

Meta taps new WhatsApp boss as part of US$900 million investment into GIC-backed Indian startup

The startup founder Kunal Shah will replace the current head of WhatsApp Will Cathcart

The Singaporean fund frequently buys and sells secondhand stakes.

Banking & Finance

GIC nears deal to offload US$2 billion in private credit stakes

Institutional investors are utilising the secondary market more frequently to rebalance their portfolios

The full authorisation follows an earlier in-principle approval granted by MAS in late 2024.

Companies & Markets

GIC-backed Coda Payments secures MAS major payment institution licence

It can conduct multiple transactions without being subject to certain threshold limits on volume or float

Songs in the portfolio include Beyonce's "Single Ladies (Put a Ring on It)".

Companies & Markets

‘Put a ring on it’: Sony-GIC venture acquires Beyonce, Bruno Mars music catalogue

Previous media reports put the price tag for the portfolio at almost US$4 billion

Skyroot says the funds will be used for launch operations, expanding manufacturing capacity and accelerating development of the more capable Vikram-2.

Startups

GIC, BlackRock funding makes Skyroot Aerospace first space unicorn in India

Investment arrives at a pivotal moment as space-tech firm prepares for maiden flight of Vikram-1

Sony plans to buy Recognition Music Group through a joint venture with the Singaporean sovereign wealth fund GIC.

Global Enterprise

Sony, Singapore’s GIC to pay almost US$4 billion for Bieber, Neil Young catalogue

The deal is believed to be one of the largest such deals in music history

Dominic Soon, senior vice-president in private equity at GIC, says organisations can benefit "immensely" from AI if it is implemented responsibly, safely and thoughtfully.

Companies & Markets

Singapore leads global per capita use of Anthropic’s Claude AI as businesses ramp up adoption: GIC

SINGAPORE ranks as the largest user of Anthropic’s artificial intelligence (AI) model Claude on a per capita basis, highlighting the Republic’s rapid adoption of AI across businesses, Dominic Soon, se...

CVC last month offered to take over Recordati for 52 euro a share, after previously exploring a sale of its stake in the Italian company.

Consumer & Healthcare

CVC seeks partners to back 10.9 billion-euro Italian drugmaker Recordati deal: sources

The private equity firm has held initial discussions with investors including GIC about the possibility of teaming up

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