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Sovereign Wealth Funds Briefing - Categorized | Investment

Singaporean funds pour more money into attractive Vietnamese businesses

Posted on 25 April 2014

FPT, Vietnam’s biggest technology group, has received two new institutional shareholders, Cashew Investments, which holds 3.6 percent of FPT’s chartered capital, and GIC, with 3 percent.
GIC, managing the investment portfolio worth $100 billion, is an institution under the management of the Singaporean government. Meanwhile, Cashew Investments is a branch of Temasek Holdings, an investment corporation of the government. The stake transfer deals, worth of millions of dollars, were only recently revealed to the public, when FPT released its annual report, disclosing its 10 largest shareholders………………………………………..Full Article: Source


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