SG Dealbook: TIH invests in Tengri Resources, Super Group in JV for Russia, SIIC Environment invests in MTI

Visual from the TIH website

Three Singapore-listed firms have made investments abroad, including forming joint ventures, as they diversify and expand their portfolio abroad. This follows the recent trend of smaller firms also venturing abroad, either by picking up assets overseas, or through mergers and acquisitions and joint ventures.

TIH Limited invests in Salim Group-linked Tengri Resources

TIH Limited, a SGX-listed, closed-end fund that invests across different sectors, said it has invested in a mining company linked to the Salim Group via convertible loan notes.

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