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Taiwan-Based Electric Bike Maker Gogoro Raised US$300 Million in Its Latest Funding
Sep 25, 2017Gogoro Inc, a Taiwanese-based venture-backed company that develops and sells electric scooters and battery swapping infrastructure, has raised another US$300 million (NT$9 billion) as it looks to further expand to new regions and product ...
Tags: electric scooters, battery
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Navinfo, Tencent, GIC to Acquire Minority Stake in Here
Jan 6, 2017Chinese mapping company NavInfo and internet services group Tencent, along with Singapore wealth fund GIC have announced plans to acquire 10% stake in HERE. HERE is a German-based open location platform company owned by automotive majors ...
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Fund Aims to Be a Long-Term Investor
Jan 3, 2017China Investment Corp chief says it is seeking Belt and Road opportunities China's $800 billion sovereign wealth fund aims to be a long-term investor in international investments and increase its close work with partners to seek ...
Tags: Belt and Road, Long-Term Investor
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Saudi Public Fund to Buy 50% Stake in Kuwait Food Company's Owner
Dec 2, 2016The Saudi Public Investment Fund (PIF) has announced plans to buy 50% stake in Adeptio Group’s, which controls the Kuwait Food Company (Americana). However, financial details of the transaction were not disclosed. Saudi Arabia's ...
Tags: Kuwait Food, Food
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China's Wealth Fund Posts Lower Returns
Jul 4, 2015The overseas investment returns of the nation's sovereign wealth fund sank last year amid a fragile world economy and soft commodity prices, according to figures released on Friday. China Investment Corp said that net annual returns on ...
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Singapore Sovereign Wealth Fund GIC Has Invested Php3.4bn in Century Canning Corp
May 6, 2014Singapore sovereign wealth fund, Government of Singapore Investment Corp (GIC), has invested PHP3.4bn ($76.2m) in Century Canning Corp (CCC), parent company of soon-to-be-listed Century Pacific Food (CNPF). GIC and CCC have signed an ...
Tags: Singapore Wealth Fund, GIC
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Temasek and Hopu Plans to Purchase a $213m Stake in Yashili International
Nov 12, 2013Temasek, a sovereign wealth fund of the Government of Singapore, and private equity firm Hopu have agreed to purchase a $213m stake in Chinese infant formula maker Yashili International. The move comes after Yashili's parent company China ...
Tags: Temasek, Hopu, Yashili, China Mengniu Dairy
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Goldman Sachs Group Has Divested a Majority Stake in Its Insurance Business Rothesay Life
Oct 24, 2013International financial services organization Goldman Sachs Group has divested a majority stake in its UK pension insurance business Rothesay Life to a group of companies. Based on the release by the company, Singapore wealth fund GIC and ...
Tags: Goldman Sachs, Rothesay Life
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CIC Has Agreed to Convert Part of an Outstanding $1.3 Billion Loan in Stakes in Bumi Unit
Oct 11, 2013Indonesia's PT Bumi Resources said on Wednesday China's sovereign wealth fund, China Investment Corp (CIC), has agreed to convert part of an outstanding $1.3 billion loan into stakes in the miner's PT Bumi Resources Minerals unit, its coal ...
Tags: Mining Units, PT Bumi Resources
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China Investment Has Been The Most Representative Face of Chinese Investment in Europe
Oct 7, 2013Although there is no firm yardstick to gauge its real impact, China Investment Corp has in many ways been the most representative face of Chinese investment in Europe. Apart from its regular activities such as equity and other investments, ...
Tags: Sovereign Wealth Fund, economy, China
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Sharply Dropped Share Price of Kunlun Energy Is Expected to Stop Investment
Sep 2, 2013Sharply dropped share price of Kunlun Energy Co., Ltd. (SEHK: 0135) is expected to stop Singaporean sovereign wealth fund Temasek Holdings from investing more in it. Kunlun Energy, a subsidiary of PetroChina Co., Ltd. (SHSE: 601857 and ...
Tags: Metallurgy, Mineral, Energy
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A Dragnet in Central China's Henan Province Finally Closed in on Li Mingzhong
Jul 30, 2013After eluding police for 10 days last year, a dragnet in central China’s Henan province finally closed in on Li Mingzhong, the head of a BOC Fullerton Community Bank branch who had absconded with more than US$16 million in rural ...
Tags: Village Banks, Privatization
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Temasek Made Net Investments of S$4 Billion in Its Energy and Resources Portfolio
Jul 8, 2013Singapore's sovereign wealth fund, Temasek, made net investments of S$4 billion ($3.16 billion) in its energy and resources portfolio in the year to March 31, the fund said Thursday. The new investments included acquiring an additional 5% ...
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Hassad Food Plans to Invest $500m in India for The Production
Jun 13, 2013Qatar-based Hassad Food, the agricultural investment arm of Qatar’s sovereign wealth fund, plans to invest $500m in India for the production of rice, coffee, cardamom and ready-made foods. The proposed plans comes after the Hassad ...
Tags: Boost Food Production, Hassad Food
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MetLife, Manulife Are Understood to Be The Potential Bidders to Acquire a Major Stake
May 10, 2013Canadian group Manulife Financial and MetLife in the US are understood to be among the potential bidders to acquire a major stake in AmLife Insurance, the life insurance business of Malaysian bank AMMB Holdings. Sources familiar with the ...