Temasek, GIC to buy Novotech stake in deal with TPG, Bloomberg reportsTemasek Holdings Pte Ltd and GIC Pte Ltd will acquire a significant stake in Novotech Pty Ltd to fuel growth and accelerate acquisitions for the clinical research and testing provider, valuing the company at about A$3 billion (US$1.9 billion or RM8.4 billion), people familiar with the matter said.