Category Archives: GIC’s POCK KAI INVESTMENTS

Choo Yong Cheen, Chief Investment Officer of Private Equity, GIC: “Our steady investments in Affirm over the years are testament to the company’s strong business model and proven ability to deliver innovative financial products and services that are compelling for … Continue reading →

** Please note typo in image. “Papaya” should be “Pagaya”. CTech, 19 Jun 2022: “The SPAC merger between Israeli fintech unicorn Pagaya and EJF Acquisition Corp. is set to be completed this week despite the many question marks surrounding the … Continue reading →

SEC 13 G filing on 18/1/23 @ https://www.sec.gov/edgar/search/?r=el&#8230; https://fintel.io/…/gic-private-ltd-discloses-stake-in&#8230; <img class="x16dsc37" role="presentation" src="data:;base64, ” width=”18″ height=”18″ /> <img class="x16dsc37" role="presentation" src="data:;base64, ” width=”18″ height=”18″ /> <img class="x16dsc37" role="presentation" src="data:;base64, ” width=”18″ height=”18″ /> All reactions: 27Lauschke Amy, Bernard Riio and 25 others

Uxin used to be a top-3 US listed investment, in the billion-dollar club in terms of market value. It has now fallen to No 7. For ref: https://www.sec.gov/…/000114036…/brhc10047712_sc13ga.htm https://www.sec.gov/…/000114036…/brhc10047712_sc13ga.htm https://www.swfinstitute.org/…/gic-increased-stake-in&#8230; <img class="x16dsc37" role="presentation" src="data:;base64, ” width=”18″ height=”18″ /> <img class="x16dsc37" … Continue reading →

GIC has been well aware of the difficulty in generating good returns since years ago. But due to CPF monies being legislated as govt reserves for GIC to invest 100% in overseas assets, it has been forced to assume extremely … Continue reading →

Q3 2022 revenue $12.8 mil, loss $117.6 mil https://sg.finance.yahoo.com/…/luminar-technologies-inc&#8230;

https://www.businesstimes.com.sg/…/gic-backed-klarnas&#8230; https://www.cnbc.com/…/klarna-valuation-plunges&#8230; https://www.theguardian.com/…/klarna-losses-more-than&#8230;

LIC is the biggest institutional investor in Adani. According to Bloomberg, “India’s Adani Is Not China Evergrande. It’s Worse”. https://www.bloomberg.com/news/articles/2022-05-17/after-flop-debut-antsy-lic-investors-seek-aramco-style-dividend?leadSource=uverify%20wall https://www.bloomberg.com/news/articles/2022-05-17/after-flop-debut-antsy-lic-investors-seek-aramco-style-dividend?leadSource=uverify%20wall https://theprint.in/…/with-17-billion-wipeout…/994782/