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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

GIC eyes up IPO

Posted on 24 August 2010

From Efinancialcareers.sg: Singapore’s main sovereign wealth fund is close to giving the go-ahead for an initial public offering of a parcel of Asian industrial property assets that could be the biggest IPO in the city state for nearly two decades.
The Government of Singapore Investment Corporation is discussing valuations of between S$2.7bn and S$4bn (US$2bn and US$3bn) for its Global Logistics Properties unit, according to people with knowledge of the proposals…………………………………….Full Article: Source


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