GIC's stake in Harbour BioMed likely valued at around $81m at Hong Kong IPO price

GIC's stake in Harbour BioMed likely valued at around $81m at Hong Kong IPO price

Laboratory equipment. Photo: Pixabay

Singapore sovereign wealth fund GIC’s stake in the recently-listed Harbour BioMed was valued at around HK$626.83 million, or around $80.85 million, at the IPO price in Hong Kong last week.