Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
In Medline Inc. (MDLN), GIC Private Limited reports beneficial ownership of 74,634,102 Class A shares, or 8.49%. GIC reports sole voting and dispositive power over 9,183,061 shares and shared voting and dispositive power over 65,451,041 shares.
Hux Investment Pte. Ltd. and GIC Special Investments Private Limited each report beneficial ownership of 59,408,506 shares, or 6.76%. Those are the same shares held directly by Hux, with voting and disposition power shared with GIC and GIC SI, rather than separate blocks. The percentages are based on 878,657,055 Class A shares outstanding, as reported in Medline’s Form 10-Q filed November 4, 2026. GIC states that the Government of Singapore disclaims beneficial ownership of these shares.
Key Figures
GIC beneficial ownership:74,634,102 sharesGIC sole voting and dispositive power:9,183,061 sharesGIC shared voting and dispositive power:65,451,041 shares+2 more
5 metrics
GIC beneficial ownership74,634,102 shares8.49% of Medline Class A Common Stock
GIC sole voting and dispositive power9,183,061 sharesReported for GIC Private Limited
GIC shared voting and dispositive power65,451,041 sharesReported for GIC Private Limited
Hux and GIC SI beneficial ownership59,408,506 sharesEach reports 6.76%; the shares are held directly by Hux
Class A shares outstanding878,657,055 sharesAs reported in Medline’s Form 10-Q filed November 4, 2026
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole Voting Powerfinancial
"Sole Voting Power 9,183,061"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Shared Dispositive Powerfinancial
"Shared Dispositive Power 65,451,041"
investment management agreementfinancial
"Under the investment management agreement with GoS"
An investment management agreement is a written contract that hires a professional to make buying, selling and strategy decisions for an investment account or fund, and sets out their duties, fees, risk limits, performance measures and reporting requirements. It matters to investors because the agreement determines who controls the money, how much the service costs, what risks are allowed, and how success or failure is measured—think of it as the service contract that defines expectations and remedies for a hired portfolio manager.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many MDLN shares does GIC report owning?
GIC Private Limited reports beneficial ownership of 74,634,102 Class A shares, equal to 8.49%. It reports sole voting and dispositive power over 9,183,061 shares and shared voting and dispositive power over 65,451,041 shares.
Why do GIC SI and Hux report the same number of MDLN shares?
Hux Investment Pte. Ltd. holds 59,408,506 shares directly and shares voting and disposition power over them with GIC and GIC SI. Hux and GIC SI each report that same block as beneficially owned, equal to 6.76% for each entity.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Medline Inc.
(Name of Issuer)
Class A Common Stock, par value $0.0001 per share
(Title of Class of Securities)
58507V107
(CUSIP Number)
11/04/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
58507V107
1
Names of Reporting Persons
GIC Private Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
SINGAPORE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
9,183,061.00
6
Shared Voting Power
65,451,041.00
7
Sole Dispositive Power
9,183,061.00
8
Shared Dispositive Power
65,451,041.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
74,634,102.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.49 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Percentage is based on 878,657,055 shares of Class A Common Stock, par value $0.0001 per share, outstanding as reported in Medline Inc.'s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 4, 2026.
SCHEDULE 13G
CUSIP Number(s):
58507V107
1
Names of Reporting Persons
GIC Special Investments Private Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
SINGAPORE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
59,408,506.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
59,408,506.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
59,408,506.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.76 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Percentage is based on 878,657,055 shares of Class A Common Stock, par value $0.0001 per share, outstanding as reported in Medline Inc.'s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 4, 2026.
SCHEDULE 13G
CUSIP Number(s):
58507V107
1
Names of Reporting Persons
Hux Investment Pte. Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
SINGAPORE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
59,408,506.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
59,408,506.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
59,408,506.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.76 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Percentage is based on 878,657,055 shares of Class A Common Stock, par value $0.0001 per share, outstanding as reported in Medline Inc.'s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 4, 2026.
Address or principal business office or, if none, residence:
168 Robinson Road
#37-01 Capital Tower
Singapore 068912
(c)
Citizenship:
GIC Private Limited - Republic of Singapore
GIC Special Investments Private Limited - Republic of Singapore
Hux Investment Pte. Ltd.- Republic of Singapore
(d)
Title of class of securities:
Class A Common Stock, par value $0.0001 per share
(e)
CUSIP No.:
58507V107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Ownership information with respect to GIC Private Limited ("GIC"), GIC Special Investments Private Limited ("GIC SI") and Hux Investment Pte. Ltd. ("Hux" and together with GIC and GIC SI, the "Reporting Persons") is incorporated by reference through items (5) through (9) and (11) of the cover page for each entity.
GIC is a fund manager and only has 2 clients - the Government of Singapore ("GoS") and the Monetary Authority of Singapore ("MAS"). Under the investment management agreement with GoS, GIC has been given the sole discretion to exercise the voting rights attached to, and the disposition of, any shares managed on behalf of GoS. GIC has sole power to vote and dispose of 9,183,061 Shares held directly by it. GIC shares the power to vote and the power to dispose of 6,042,535 Shares beneficially owned by it with MAS. Hux shares the power to vote and the power to dispose of 59,408,506 Shares held directly by it with GIC SI and GIC.
GIC SI is wholly owned by GIC and is the private equity investment arm of GIC. GIC is wholly owned by the GoS and was set up with the sole purpose of managing Singapore's foreign reserves.
The GoS disclaims beneficial ownership of these shares.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
