{
    "success": true,
    "data": {
        "id": 1545789,
        "msgid": "spore-fund-for-asia-1447893297",
        "date": "1997-08-20 00:00:00",
        "title": "S'pore fund for Asia",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "S'pore fund for Asia SINGAPORE (AFP): An umbrella group of Singapore industries launched an investment holding company yesterday to invest in quasi-government and private sector projects in the Asia-Pacific region. The Singapore Confederation of Industries (SCI) said it was issuing a total of 50 million shares in the company to raise S$50 million (US$33.33 million). One million shares in Manufacturers Investment Holding Ltd. (MIHL) can be allotted only to the SCI.",
        "content": "<p>S'pore fund for Asia<\/p>\n<p>SINGAPORE (AFP): An umbrella group of Singapore industries<br>\nlaunched an investment holding company yesterday to invest in<br>\nquasi-government and private sector projects in the Asia-Pacific<br>\nregion.<\/p>\n<p>The Singapore Confederation of Industries (SCI) said it was<br>\nissuing a total of 50 million shares in the company to raise S$50<br>\nmillion (US$33.33 million).<\/p>\n<p>One million shares in Manufacturers Investment Holding Ltd.<br>\n(MIHL) can be allotted only to the SCI. Members of the<br>\norganization and the public were invited to subscribe for 49<br>\nmillion shares in lots of 10,000 shares.<\/p>\n<p>Chua said MIHL would also invest in growing private companies,<br>\nparticularly Singapore-based firms seeking to expand overseas, as<br>\nwell as in regional investment funds.<\/p>\n<p>The primary focus of the company's investments will be in the<br>\nmanufacturing and related services industries, he said in a<br>\nletter to SCI members released to media.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/spore-fund-for-asia-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}