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SEA Digest: GIC backs Brazilian pharma Cimed; VinFast eyes more showrooms in ID

SEA Digest: GIC backs Brazilian pharma Cimed; VinFast eyes more showrooms in ID

FILE PHOTO: A signage of Singapore’s sovereign wealth fund GIC is pictured at their office in Singapore July 13, 2023. REUTERS/Edgar Su/File Photo

Singapore’s sovereign wealth fund GIC has acquired a minority stake in Brazil-based pharmaceutical company Cimed, while EV maker VinFast has partnered with PT Aribi Amartapura to develop 22 new showrooms in Indonesia.

Edited by: Pramod Mathew

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