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Govt's 5% GIC Re offer for sale fully subscribed; boosts FY27 divestment drive

Strong investor response triggered the full greenshoe option, despite a sharp 9% drop in the state-owned reinsurer's share price during the transaction.

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MintLean R·2h ago
Govt's 5% GIC Re offer for sale fully subscribed; boosts FY27 divestment drive
Strong investor response triggered the full greenshoe option, despite a sharp 9% drop in the state-owned reinsurer's share price during the transaction.
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Govt's 5% GIC Re offer for sale fully subscribed; boosts FY27 divestment drive

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Govt's 5% GIC Re offer for sale fully subscribed; boosts FY27 divestment drive

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