Temasek unit, Tower Capital Asia back $230m carve-out of GK Goh subsidiary

Temasek unit, Tower Capital Asia back $230m carve-out of GK Goh subsidiary

Marina Bay, Singapore. Photo: Victor He/Unsplash

A consortium comprising a Temasek unit and Singapore-based private equity firm Tower Capital Asia has offered to back the carve-out of corporate services platform Boardroom Limited from GK Goh Holdings (GKGH) at a valuation of S$312 million ($230 million).