Weekly investor roundup: Malaysia's EPF and Kwap raise Bursa Malaysia stakes; Japan's endowment fund struggles to hire
GIC buys 40% stake in Oxford Science Park for $218 million; Hong Kong to scrap MPF's offsetting arrangement; Malaysia's EPF and Kwap increase stakes in Bursa Malaysia; Japan's endowment fund reveals only one fund manager has been hired; Thailand and China agree to look into cross-border initiatives between capital markets; and more
TOP NEWS OF THE WEEK
Singapore’s sovereign wealth fund GIC has bought a 40% stake in Oxford Science Park for more than 10 times the amount it was worth five years ago.
The fund acquired the stake for £160 million ($218 million), which implies a valuation of more than £400 million for the park. This compares with the £18.1 million that Magdalen College paid for a 50% stake in 2016, which implied a valuation of £36.2 million.
Investors have been increasing allocation to commerci…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.