ARI arika resources limited
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GIC Special Investments Pte Ltd, a subsidiary of GIC Private...

  1. bitluck
    628 Posts.
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    17/06/17
    17:49
    Post #: 25335543
    GIC Special Investments Pte Ltd, a subsidiary of GIC Private Limited, is a shareholder (6.67%) in JB Financial Group, the parent company of JB Asset Management. We know that JB Asset Management has formed a consortium with Newlake Alliance Management backed by POSCO. To some extent GIC would like to get back at least a fraction of the substantial investment they made in Arrium. Can anyone share how much they invested in Arrium? From memory it was $300 million. The drama continues.
    Last edited by bitluck: 17/06/17
    ARI Price at posting: 2.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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