Category Archives: GIC

GIC: How to lose S$500 million/50% on a single investment

Image | Posted on by | Leave a comment

Investments can pock kai no issue to GIC, $15 billion guaranteed CPF inflow for GIC annually

GIC manages more than S$400 billion in CPF monies. Thanks to PAP’s constant tweaking of CPF rules, GIC receives about $15 billion in net contributions annually. Besides increase in CPF, GIC also manages additional billions in tax dollars set aside … Continue reading

Posted in CPF, GIC | Leave a comment

GIC needs a miracle for investments like Nirlon

Without a miracle, Nirlon will be another loser for GIC. GIC has overpaid massively for Nirlon, ie the potential for gains has been wiped out after paying a 400% price increase from a year earlier. Dividends over the last 5 … Continue reading

Posted in GIC | Leave a comment

GIC’s runaway management costs not PAP’s concern?

Image | Posted on by | 2 Comments

A transparent GIC will lead to PAP’s collapse

Image | Posted on by | Leave a comment