Singapore Sovereign Wealth Pushes Healthcare Allocation with Investment in Philippine Hospital Group

Posted on 05/29/2014


Singapore’s GIC Private Limited announced May 16th it had entered into a definitive partnership agreement with Metro Pacific Investments Corporation (MPIC) to invest PHP 3.7 billion (US$ 84 million) for a 14.4% stake in MPIC’s wholly owned hospital holding company, Neptune Stroika Holdings Inc. As of March 31, 2013, GIC had 5% of its portfolio […]

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