GIC shares drop 6% on government's OFS stake sale

GIC shares drop 6% on government's OFS stake sale\nGIC shares fell 6% after the central government launched a stake sale via the Offer for Sale (OFS) route. The disinvestment move aims to offload a portion of its holding in the reinsurer. Institutional investors are closely watching participation levels and pricing.\n\n📊 STOCKS: GICRE | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #OFS