(Amendment No. 5)*
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SCHEDULE 13D
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CUSIP No.: 874696107
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Page 2 of 10 Pages
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1
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NAMES OF REPORTING PERSONS
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GIC PRIVATE LIMITED
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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(b)
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☒
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3
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SEC USE ONLY
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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OO
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Singapore
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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0
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8
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SHARED VOTING POWER
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124,307,584
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9
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SOLE DISPOSITIVE POWER
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0
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10
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SHARED DISPOSITIVE POWER
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124,307,584
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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124,307,584
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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100.0% (1)
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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CO
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(1)
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Calculations of the percentage of Class A Shares beneficially owned are calculated in accordance with Rule 13d-3 and assumes that there were 124,307,584 Class A Shares outstanding, which takes into account
the number of TE Units that may have been deemed to be beneficially owned by the Reporting Persons, as applicable, which were exchangeable together with Class B Shares for a corresponding number of Class A Shares, pursuant to the TGE LP
Agreement (defined in Item 6 of the Original 13D).
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SCHEDULE 13D
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CUSIP No.: 874696107
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Page 3 of 10 Pages
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1
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NAMES OF REPORTING PERSONS
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GIC SPECIAL INVESTMENTS PTE. LTD.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☐
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(b)
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☒
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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OO
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Singapore
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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0
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8
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SHARED VOTING POWER
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124,307,584
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9
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SOLE DISPOSITIVE POWER
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0
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10
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SHARED DISPOSITIVE POWER
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124,307,584
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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124,307,584
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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100.0% (1)
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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CO
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(1)
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Calculations of the percentage of Class A Shares beneficially owned are calculated in accordance with Rule 13d-3 and assumes that there were 124,307,584 Class A Shares outstanding, which takes into account
the number of TE Units that may have been deemed to be beneficially owned by the Reporting Persons, as applicable, which were exchangeable together with Class B Shares for a corresponding number of Class A Shares, pursuant to the TGE LP
Agreement (defined in Item 6 of the Original 13D).
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SCHEDULE 13D
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CUSIP No.: 874696107
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Page 4 of 10 Pages
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1
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NAMES OF REPORTING PERSONS
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JASMINE VENTURES PTE. LTD.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☐
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(b)
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☒
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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OO
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Singapore
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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0
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8
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SHARED VOTING POWER
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124,307,584
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9
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SOLE DISPOSITIVE POWER
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0
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10
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SHARED DISPOSITIVE POWER
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124,307,584
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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124,307,584
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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100.0% (1)
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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CO
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(1)
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Calculations of the percentage of Class A Shares beneficially owned are calculated in accordance with Rule 13d-3 and assumes that there were 124,307,584 Class A Shares outstanding, which takes into account
the number of TE Units that may have been deemed to be beneficially owned by the Reporting Persons, as applicable, which were exchangeable together with Class B Shares for a corresponding number of Class A Shares, pursuant to the TGE LP
Agreement (defined in Item 6 of the Original 13D).
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SCHEDULE 13D
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CUSIP No.: 874696107
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Page 5 of 10 Pages
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Item 1.
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Security and Issuer.
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This Amendment No. 5 to Schedule 13D (“Amendment No. 5”) relates to the Class A Shares representing Limited Partner Interests (the “Class A
Shares”) of Tallgrass Energy, LP, a Delaware limited partnership (the “Issuer”), and amends and supplements the initial statement on Schedule 13D filed by the Reporting Persons with the Securities and Exchange Commission (the “SEC”) on March 14,
2019 (the “Original 13D”), as amended by Amendment No. 1 filed on May 13, 2019, Amendment No. 2 filed on August 28, 2019, Amendment No. 3 filed on September 26, 2019, and Amendment No. 4 filed on December 18, 2019 (collectively, the “Schedule
13D”). Capitalized terms used but not defined in this Amendment No. 5 shall have the same meanings ascribed to them in the Schedule 13D. Except as specifically provided herein, this Amendment No. 5 does not modify any of the information previously
reported in the Schedule 13D.
Item 2.
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Identity and Background.
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Item 2(a-c, f) of the Original Schedule 13D is hereby amended and restated as follows:
(a-c,f) This Schedule 13D is filed by GIC Private Limited (“GIC”), GIC Special Investments Pte. Ltd. (“GIC SI”), and Jasmine Ventures Pte.
Ltd. (referred to as “Jasmine” or “GIC Investor” and, together with GIC and GIC SI, the “Reporting Persons” and each, a “Reporting Person”). GIC is a global investment management company established in 1981 under the Singapore Companies Act to
manage the Government of Singapore’s foreign reserves. GIC is a private company limited by shares organized under the laws of the Republic of Singapore. GIC SI is a wholly owned subsidiary of GIC and is the private equity investment arm
of GIC. GIC SI is a private company limited by shares organized under the laws of the Republic of Singapore. Jasmine is an investment holding company organized under the laws of the
Republic of Singapore. The principal business address for the Reporting Persons is 168, Robinson Road, #37-01 Capital Tower, Singapore 068912.
The following are each of the executive officers and directors of GIC and their respective address, occupation and citizenship:
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Address
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Principal Occupation
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Citizenship
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Lee Hsien Loong
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Prime Minister’s Office
Istana Annexe
Singapore 238823
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Prime Minister
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Singapore Citizen
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Teo Chee Hean
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Ministry of Home Affairs
New Phoenix Park
28 Irrawaddy Road Singapore 329560
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Senior Minister & Coordinating Minister for National Security
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Singapore Citizen
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Tharman Shanmugaratnam
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Ministry of Finance
100 High Street
#10-01 The Treasury
Singapore 179434
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Senior Minister & Coordinating Minister for Social Policies
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Singapore Citizen
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Lim Hng Kiang
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Ministry of Trade & Industry
100 High Street
#10-01 The Treasury
Singapore 179434
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Special Advisor to Ministry of Trade & Industry
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Singapore Citizen
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Heng Swee Keat
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Ministry of Finance
100 High Street
#10-01 The Treasury
Singapore 179434
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Deputy Prime Minister
and Minister for Finance
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Singapore Citizen
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SCHEDULE 13D
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CUSIP No.: 874696107
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Page 6 of 10 Pages
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Lawrence Wong
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5 Maxwell Road #21-00 & #22-00
Tower Block, MND Complex
Singapore 069110
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Minister for National Development and Second Minister for Finance
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Singapore Citizen
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Peter Seah Lim Huat
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12 Marina Boulevard
Marina Bay Financial Centre
Tower 3, Level 45
Singapore 018982
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Chairman, DBS Group Holdings Ltd
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Singapore Citizen
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Ang Kong Hua
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30 Hill Street #05-04
Singapore 179360
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Chairman, Sembcorp Industries Ltd
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Singapore Citizen
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Chew Choon Seng
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c/o 168 Robinson Road
#37-01 Capital Tower Singapore 068912
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Former Chairman, Singapore Exchange Ltd
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Singapore Citizen
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Hsieh Fu Hua
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National University of Singapore
University Hall
Lee Kong Chian Wing, UHL #06-01
21 Lower Kent Ridge Road
Singapore 119077
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Secretariat of the Board of Trustees
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Singapore Citizen
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Loh Boon Chye
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2 Shenton Way
#02-02 SGX Centre 1
Singapore 068804
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Chief Executive Officer, Singapore Exchange Ltd
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Singapore Citizen
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Gautam Banerjee
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Marina Bay Financial Centre Tower 2
Suite 13-01/02, Marina Boulevard
Singapore 018983
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Chairman,
Blackstone Singapore
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Singapore Citizen
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S. Dhanabalan
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60B Orchard Road #06-18 Tower 2
The Atrium@Orchard
Singapore 238891
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Member, Council of Presidential Advisers
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Singapore Citizen
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Koh Boon Hwee
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c/o 03-13 Orchard Rendevous Hotel
1 Tanglin Road
Singapore 147905
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Chairman, Far East Orchard Limited
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Singapore Citizen
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Dr Tony Tan Keng Yam
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168 Robinson Road #37-01 Capital Tower
Singapore 068912
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Special Advisor, GIC
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Singapore Citizen
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SCHEDULE 13D
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CUSIP No.: 874696107
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Page 7 of 10 Pages
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Seck Wai Kwong
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10 Marina Boulevard, #32-01
Marina Bay Financial Centre Tower 2
Singapore 018983
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Chief Executive Officer, Asia Pacific
Eastspring Investments (Singapore) Limited
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Singapore Citizen
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Lim Chow Kiat
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168 Robinson Road #37-01 Capital Tower Singapore 068912
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Chief Executive Officer, GIC
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Singapore Citizen
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Dr Jeffrey Jaensubhakij
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168 Robinson Road #37-01 Capital Tower Singapore 068912
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Group Chief Investment Officer, GIC
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Singapore Citizen
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The following are each of the executive officers and directors of GIC SI and their respective address, occupation and citizenship:
Name
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Address
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Principal Occupation
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Citizenship
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Dr Jeffrey Jaensubhakij
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168 Robinson Road #37-01 Capital Tower Singapore 068912
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Group Chief Investment Officer, GIC
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Singapore Citizen
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Chan Hoe Yin
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168 Robinson Road #37-01 Capital Tower Singapore 068912
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Director, Investment Services Private Markets & Finance, GIC
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Singapore Citizen
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Lim Chow Kiat
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168 Robinson Road #37-01 Capital Tower Singapore 068912
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Chief Executive Officer, GIC
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Singapore Citizen
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Deanna Ong Aun Nee
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168 Robinson Road #37-01 Capital Tower Singapore 068912
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Chief People Officer (HR), GIC
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Singapore Citizen
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The following are each of the executive officers and directors of Jasmine and their respective address, occupation and citizenship:
Name
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Address
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Principal Occupation
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Citizenship
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Ankur Meattle
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168 Robinson Road #37-01 Capital Tower Singapore 068912
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Director of Jasmine
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Singapore Citizen
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Ashok Samuel
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168 Robinson Road #37-01 Capital Tower Singapore 068912
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Director of Jasmine
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Singapore Citizen
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SCHEDULE 13D
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CUSIP No.: 874696107
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Page 8 of 10 Pages
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Item 3.
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Source and Amount of Funds or Other Consideration.
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Item 3 of the Schedule 13D is hereby amended by inserting the following information at the end of Item 3:
On April 17, 2020, the transactions contemplated by the Merger Agreement closed, as described below in Item 4. The total consideration paid
for the Class A Shares in connection with the Merger was approximately $3.5 billion. Approximately $2.9 billion of the consideration was funded through equity financing contemplated pursuant to the Equity Commitment Letter, and the remaining
consideration was funded through borrowings under the Credit Agreement and the revolving credit facility of Tallgrass Energy Partners, LP, a subsidiary of the Issuer.
Item 4.
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Purpose of Transaction.
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Item 4 of the Schedule 13D is hereby amended by inserting the following information at the end of Item 4:
On April 17, 2020, pursuant to the Merger Agreement, at the Effective Time Buyer was merged with and into the Issuer, with the Issuer
surviving the merger and continuing to exist as a Delaware limited partnership. At the Effective Time, each issued and outstanding Class A Share as of immediately prior to the Effective Time (other than the Sponsor Shares) was canceled and
converted into the right to receive $22.45 per Class A Share in cash without any interest thereon. The Sponsor Shares, Class B Units and TE Units issued and outstanding immediately prior to the Effective Time were unaffected by the Merger, and no
consideration was delivered in respect thereof.
Following the completion of the Merger, on April 17, 2020, Alexander I. Greenbaum, a representative of GIC SI, was appointed to serve as a
member of the Board.
Following the consummation of the transactions contemplated by the Merger Agreement, the Issuer’s Class A Shares ceased to be listed on the
New York Stock Exchange and will be deregistered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Because the registration of the Class A Shares will be terminated, Class A Shares held by the Acquirors and the Prairie
Secondary Acquirors will no longer be subject to reporting under Section 13(d) of the Exchange Act upon effectiveness of the deregistration. Consequently, this Amendment No. 5 constitutes an exit filing for the Reporting Persons.
Item 5.
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Interest in Securities of the Issuer.
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Item 5(a) – (b) of the Schedule 13D is hereby amended and restated as follows:
(a) – (b) This Amendment No. 5 reflects the beneficial ownership of the Reporting Persons upon the acquisition and cancelation of
the Class A Shares in connection with the Merger described above. Calculations of the percentage of Class A Shares beneficially owned are calculated in accordance with Rule 13d-3 and assumes
that there were 124,307,584 Class A Shares outstanding, which takes into account the number of TE Units that may have been deemed to be beneficially owned by Acquirors and Prairie Secondary Acquirors, as applicable, which were exchangeable
together with Class B Shares for a corresponding number of Class A Shares, pursuant to the TGE LP Agreement (defined in Item 6 of the Original 13D).
The aggregate number and percentage of Class A Shares beneficially owned by each Reporting Person and, for each Reporting Person, the number
of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are set forth on rows
7 through 11 and row 13 of the cover pages of this Schedule 13D and are incorporated herein by reference.
Class A Acquiror directly held 21,751,018 Class A Shares.
Up-C Acquiror 1 directly held 92,778,793 Class B Shares and a corresponding number of TE Units, and Up-C Acquiror 2 directly held 7,876,328
Class B Shares and a corresponding number of TE Units.
Secondary Acquiror 1 directly held 773,510 Class A Shares, and Secondary Acquiror 2 directly held 1,127,935 Class A Shares.
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SCHEDULE 13D
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CUSIP No.: 874696107
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Page 9 of 10 Pages
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Jasmine has limited partnership interests in a partnership that indirectly wholly-owns all of the limited partnership interests in the Class
A Acquiror and has limited partnership interests in Secondary Acquiror I (defined in Item 6 of the Original Schedule 13D) and, as described further in Item 6 of this Schedule 13D, has certain rights with respect to the Class A Shares held by the
Acquirors and the Prairie Secondary Acquirors (defined in Item 6 below). Jasmine is controlled and managed by GIC SI, which is a wholly owned subsidiary of GIC. In such capacities, each of GIC SI and GIC shares with Jasmine the power to vote and
dispose of the Class A Shares deemed to be beneficially owned by Jasmine.
Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that any of the Reporting Persons
is the beneficial owner of the Class A Shares referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or for any other purpose, and such beneficial ownership is expressly
disclaimed. Each Reporting Person expressly disclaims beneficial ownership of such Class A Shares and any assertion or presumption that it or he and the other persons on whose behalf this Schedule 13D is filed constitute a “group.”
By virtue of the Equityholders Agreement (defined in Item 6 of the Original Schedule 13D), the Reporting Persons, The Blackstone Group L.P.
and certain of its affiliates, including Blackstone Infrastructure Associates L.P. (“Blackstone Infrastructure”), the Acquirors, and the Prairie Secondary Acquirors, to the extent they beneficially own Class A Shares, (collectively,
“Blackstone”), and Enagas Holding USA, S.L.U. and certain of its affiliates (“Enagas”), may each be deemed to be a member of a “group” for purposes of Section 13(d) of the Exchange Act (collectively, Blackstone and Enagas are referred to as the
“Separately Reporting Persons”). However, neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that the Reporting Persons, or any of the Separately Reporting Persons are members of any such
group. Each of the Separately Reporting Persons has separately made a Schedule 13D filing reporting the Class A Shares they may be deemed to beneficially own. Collectively, the Reporting Persons and the Separately Reporting Persons beneficially
own an aggregate of 124,307,584 Class A Shares, representing 100.0% of the outstanding Class A Shares. Each Reporting Person disclaims beneficial ownership of the Class A Shares that may be deemed to be beneficially owned by the Separately
Reporting Persons.
Item 5(c) of the Schedule 13D is hereby amended by inserting the following information at the end of Item 5(c):
(c) Except as set forth in this Amendment No. 5, none of the Reporting Persons and, to the best of their knowledge, none of the executive
officers or directors of the Reporting Persons, has effected any transactions in the Class A Shares during the past 60 days.
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SCHEDULE 13D
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CUSIP No.: 874696107
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Page 10 of 10 Pages
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SIGNATURES
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.
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GIC PRIVATE LIMITED
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By:
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/s/ Loh Sze Ling
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Name:
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Loh Sze Ling
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Title:
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Senior Vice President
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By:
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/s/ Toh Tze Meng
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Name:
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Toh Tze Meng
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Title:
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Senior Vice President
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GIC SPECIAL INVESTMENTS PTE. LTD.
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By:
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/s/ Chan Hoe Yin
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Name:
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Chan Hoe Yin
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Title:
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Authorized Signatory
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JASMINE VENTURES PTE. LTD.
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By:
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/s/ Ashok Samuel
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Name:
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Ashok Samuel
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Title:
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Director
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April 17, 2020