China Investment Corp (CIC)

IPO

Saudi Aramco approaches Asian state oil producers on IPO

(Oct 1): Saudi Aramco has approached Asian state oil producers including Malaysia’s Petroliam Nasional and China’s Sinopec Group about potential cornerstone investments in its initial public offering, people with knowledge of the matter said.

Noble restructuring in doubt as founder Elman said to push for new deal

LONDON (Apr 10): Richard Elman, the founder and largest shareholder of Noble Group, is pushing the embattled commodities trader's creditors for a new restructuring deal, according to people familiar with the matter, casting fresh doubt on the survival
From Google Drive

Asian sovereign investors face off with funds in hunt for private deals

SINGAPORE (July 18): Asian sovereign investors are increasingly adding non-public firms to their portfolios amid pricey stock markets, a strategy that could be risky as they compete head-on for such deals with cashed-up private funds.

Broker's Calls

Ceasing coverage but DBS hangs on to white knight hope for Noble

SINGAPORE (May 31): DBS believes Noble Group will be able to refinance its upcoming borrowing base facility in June, contrary to the view of some market participants.

Noble confirms it is in talks with strategic investor

SINGAPORE (Feb 14): Noble Group confirmed that it is currently engaged in discussions regarding a possible strategic investment in the company.

Broker's Calls

GLP’s potential privatisation could be ‘strategic move’ for further asset control

SINGAPORE (Dec 2): UOB Kay Hian is maintaining its “buy” recommendation on Global Logistic Properties (GLP) with an unchanged target price of $2.40.
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