JAKARTA -- A subsidiary of Singapore's GIC sovereign wealth fund has bought shares of Indonesia-listed Primaya Hospital worth 2.95 trillion rupiah ($191 million), according to a bourse filing on Wednesday.
Archipelago Investment acquired 3.09 billion shares of the hospital chain for 954 rupiah apiece from three existing shareholders: PT Awal Bros Citra Batam; PT Sehat Abadi Cemerlang; and founder of Primaya Hospital Yos Effendi Susanto.
