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S'pore's Gunung Capital to invest $500m to decarbonise assets, invest in transformation services
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(From left) Gunung Capital head Kimin Tanoto and managing partner Kelvin Fu.
ST PHOTO: JASON QUAH
SINGAPORE - Singapore-based asset management firm Gunung Capital is looking to invest up to $500 million in the coming years to reduce the carbon footprint of the industrial and manufacturing businesses under its management.
The firm told the Straits Times that it also plans to help other smaller companies involved in manufacturing or production move towards net-zero emissions.
