Hildrics Capital, a Singapore-based investment firm, completed the acquisition of a 8.2% stake in GIIB Rubber, a chemical and rubber manufacturing company. Financial terms were not disclosed. "We are pleased to partner GIIB, which has an established track record of close to 30 years and an extensive presence across 60 countries, to support its next phase of growth and expansion plans," Kee Siong Choo, Hildrics Capital Founder and CEO.