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When GIC changes its name

Leepotism

Alfrescian (Inf)
Asset
[h=2]Singapore's sovereign wealth fund has changed its legal name from "Government of Singapore Investment Corporation Private Limited" to "GIC Private Limited".[/h]
gic-logo-465116.png
File photo: The logo of GIC.







SINGAPORE: Singapore's sovereign wealth fund has changed its legal name from "Government of Singapore Investment Corporation Private Limited" to "GIC Private Limited".
In a statement, GIC said the name change formalises the widely-used brand name of "GIC" in the global investment community and markets that GIC operates in.
The change will have no effect on the operations, rights or obligations of the company.

According to its website, GIC has invested "well over" US$100 billion in a wide range of assets.

Analysts estimate GIC's investment portfolio to be worth around US$300 billion.

 

halsey02

Alfrescian (Inf)
Asset
What's the difference? the only I get, is they hide the "GOVERNMENT" part so that, people thinks it is a private listed company...& sure it is private!
 

Leepotism

Alfrescian (Inf)
Asset
What's the difference? the only I get, is they hide the "GOVERNMENT" part so that, people thinks it is a private listed company...& sure it is private!

Change soup but not change medicine. They may as well change name of Temasek Holdings too.
 

laksaboy

Alfrescian (Inf)
Asset
What's the difference? the only I get, is they hide the "GOVERNMENT" part so that, people thinks it is a private listed company...& sure it is private!

It's a rebranding exercise which I suspect is to delink GIC from Singapore.

Corporations do it all the time. Microsoft did it recently.
 

escher

Alfrescian (Inf)
Asset
It's a rebranding exercise which I suspect is to delink GIC from Singapore.

Corporations do it all the time. Microsoft did it recently.


The hundreds of billions already theirs.

You got a hope in hell thinking you get your CPF and any other money from them?

They stole it and stole it

Just like Ministers stealing toothpicks and so fucking happy about the toothpicks they stole


Changing name is their standard smoke and mirrors
 

laksaboy

Alfrescian (Inf)
Asset
Should have renamed it as DIC Private Limited.


[video=youtube;LYuAbdCInoM]http://www.youtube.com/watch?v=LYuAbdCInoM[/video]
 

eatshitndie

Alfrescian (Inf)
Asset
the proposal "gecko investment corporation" came up, but was dismissed as it would be too uncannily close to geico insurance with the gecko mascot. :*:
 

Lordshiva

Alfrescian
Loyal
LIC


lee's investment corporation......


Ah kong's piggy bank.....nim peh suka suka li bay arn chua????
 

iamhere

Alfrescian
Loyal
the 60.1% fuckin' daft idiotic imbeciles might wake up one day to the news that it was sold to a $2 company
with a hotmail address and former papee mpees as directors......... and apparently a review conducted and nothing's wrong abt it.....
 

Leepotism

Alfrescian (Inf)
Asset
the 60.1% fuckin' daft idiotic imbeciles might wake up one day to the news that it was sold to a $2 company
with a hotmail address and former papee mpees as directors......... and apparently a review conducted and nothing's wrong abt it.....

It will take another 50 years for the daft 60% to wake. We will be dead by then. Such is the karmalessness of the Leegime.
 

blackmondy

Alfrescian (Inf)
Asset
Singapore's sovereign wealth fund has changed its legal name from "Government of Singapore Investment Corporation Private Limited" to "GIC Private Limited".

"Government of Singapore Investment Corporation Private Limited" is in itself an oxymoron
 
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Leongsam

High Order Twit / Low SES subject
Admin
Asset
If you know why the shops in Sim Lim change names, you'll understand why GIC is doing the same.
 
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