GIC has announced that it will be buying a stake in a Philippine - TopicsExpress

GIC has announced that it will be buying a stake in a Philippine hospital group by investing US$84 million. The investment will give Singapores sovereign wealth fund a 14.4% stake in Neptune Stroika Holdings Inc (NSHI) a holding company for the hospital investments of Metro Pacific Investments Corporations (MPIC). On top of this US$84million purchase in NSHI, GIC is also giving an additional US$149 million as an exchangeable bond loan to MPIC. Read on to find out more.

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