GIC

Company

Last mentioned: Feb 28, 2026

Timeline

  1. IPO Announcement

    Official plans revealed to raise $736 million via a public listing on Bursa Malaysia.

  2. Investment & Institutional Rounds

    Discussions with Temasek, GIC, and industry leaders regarding data centers and logistics.

  3. Diplomatic & Political Engagement

    Meetings with PM Lawrence Wong and Foreign Minister Vivian Balakrishnan to discuss bilateral cooperation.

  4. Arrival in Singapore

    UP CM Yogi Adityanath arrives to begin a three-day economic mission.

  5. Unicorn Funding Pursuit

    Reports emerge of a $200M raise to achieve a $1B valuation and scale orbital missions.

  6. Unicorn Funding Pursuit

    Reports emerge of a $200 million raise at a $1 billion valuation target.

  7. IPO Announcement

    Sunway Healthcare announces plans to raise $736 million via a public listing.

  8. Expansion Phase

    Targeted completion of new medical facilities across Malaysia.

  9. Expansion Phase

    Sunway completes major expansions at Sunway Medical Centre and opens new regional clinics.

  10. Series C Funding

    Raised $51 million led by GIC to scale up launch vehicle development.

  11. Vikram-S Launch

    Successfully launched India's first privately developed rocket into sub-orbital space.

  12. Vikram-S Launch

    Skyroot successfully launches India's first privately built rocket.

  13. GIC Investment

    Singapore's GIC acquires a 16% stake in Sunway Healthcare for RM750 million.

  14. GIC Investment

    Singapore's GIC acquires a 16% stake in Sunway Healthcare for $180 million.

  15. Space Sector Reforms

    Indian government opens the space sector to private participation.

  16. Company Founded

    Skyroot Aerospace founded by former ISRO scientists Pawan Kumar Chandana and Naga Bharath Daka.

  17. Sunway Medical Centre Founded

    The flagship hospital opens in Sunway City, Malaysia.

Stories mentioning GIC 5

ipo Bullish

Sunway Healthcare Targets $736 Million IPO to Fuel Regional Expansion

Malaysian billionaire Jeffrey Cheah’s Sunway Healthcare is launching a $736 million initial public offering to accelerate its medical infrastructure expansion. The listing marks a significant milestone for Sunway Group as it seeks to capitalize on rising private healthcare demand in Southeast Asia.

2 sources
economy Neutral

UP CM Yogi Adityanath Targets Singapore Investment for Digital Infrastructure

Uttar Pradesh Chief Minister Yogi Adityanath has arrived in Singapore for a three-day official visit aimed at securing high-level investments in digital infrastructure and advanced manufacturing. The mission focuses on aligning state-level projects with the India-Singapore Comprehensive Strategic Partnership roadmap.

3 sources
funding Bullish

Skyroot Aerospace Targets $200M Raise to Become India's First Space-Tech Unicorn

Hyderabad-based Skyroot Aerospace is seeking to raise between $150 million and $200 million to accelerate its commercial launch capabilities and global expansion. The funding round, which could value the company at nearly $1 billion, would cement Skyroot's position as the leader in India's rapidly maturing private space sector.

2 sources