BIG INVESTMENT: Singapore sovereign wealth fund GIC has invested US$104mil (RM327.22mil) in KKBOX, a popular Taiwan-based music streaming provider aiming to expand across Asia, the two sides said Thursday. — KKBOX
SINGAPORE: Singapore sovereign wealth fund GIC has invested US$104mil (RM327.22mil) in KKBOX, a popular Taiwan-based music streaming provider aiming to expand across Asia, the two sides said Thursday.
A joint statement said GIC's investment will be used to fund the KKBOX's "overseas expansion, as well as refine its technology and service".
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