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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

GIC’s GLP listing may raise $4bln

Posted on 06 August 2010

From Straitstimes.com: The Government of Singapore Investment Corp (GIC) is one step closer to launching what could be the second-largest public listing here. People familiar with the deal said GIC has added three more financial institutions to its group of underwriters for the upcoming initial public offering (IPO) of its property and logistics unit.
The sources told Reuters on Thursday that Singapore’s DBS Bank, Swiss bank UBS and China International Capital Corp (CICC) will join JPMorgan and Citigroup as joint coordinators for the IPO of GIC’s Global Logistic Properties (GLP)……………………………………….Full Article: Source


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