Temasek Holdings is an investment company owned by the government of Singapore. With an international staff of 380 people, it manages a portfolio of about S$193 billion (US$157 billion) at end of March 2011, focused primarily in Asia. It is an active shareholder and investor in financial services, telecommunications & media, technology, transportation, industrials, lifesciences, consumer, real estate, energy & resources.
Temasek is one of a few global firms with the highest corporate credit ratings by both Standard & Poor's and Moody's, of AAA and Aaa respectively. It has also attained perfect scores quarterly on the "Transparency Index for Sovereign wealth funds", a measure of the openness of government-owned investment funds.
HONG KONG's white-hot stock market may have blinded many punters to the less-spectacular opportunities available in Singapore. Nevertheless, some fund managers are quietly increasing their weightings in the city state.Sunday, 8 June, 1997, 12:00am
Singapore Telecom announced a healthy 11.6 per cent rise in annual profits yesterday to S$1.66 billion (about HK$8.98 billion), but chairman Koh Boon Hwee said he could not guarantee continued double digit net-earnings growth in the new year given the advent of competition.31 May 1997 - 12:00am
The Bank of New York is to cut its stake in locally listed Wing Hang Bank from 30 per cent to 25 per cent after agreeing to sell 12.25 million shares to Singapore Technologies.
Wing Hang last night said the sale, the price of which was not disclosed, was expected to be completed on March 27. Wing Hang shares fell $1.30 to $33.60 yesterday.22 Mar 1997 - 12:00am
Hongkong Telecom shares closed 1.49 per cent firmer at $13.55 yesterday on reports parent Cable and Wireless (C&W) is in talks to sell off stakes in the company.
The reports said C&W was negotiating to sell a 10 per cent stake to China's Ministry of Posts and Telecommunications and another 10 per cent to Singapore Telecommunications (SingTel).4 Mar 1997 - 12:00am
Another of Asia's largest phone companies has joined Hongkong Telecom in opposing moves by United States regulators to cut the lucrative fees companies pay each other for handling long distance calls.10 Feb 1997 - 12:00am
I refer to the recent decision of the Singapore Government to start screening Internet sites on behalf of its pitiful citizens whom, it seems, are not mature or secure enough to make decisions on sex or politics, according to their Government.3 Oct 1996 - 12:00am
Listed property giant DBS Land says it has become Singapore's largest investor in Shanghai since it took a majority stake in a US$380 million commercial centre.
The group, leading a Singapore consortium, Hua Qing Holdings, is developing Raffles Square, a 46-storey commercial centre, on a 15,200 sq m site at Xizhang Zhong Road and Fuzhou Road.10 Sep 1996 - 12:00am
Wong's International (Holdings) has received approval in principle from the Stock Exchange of Singapore for the listing of wholly-owned computer industry subsidiary Wong's Circuits (Holdings).2 Sep 1996 - 12:00am
Five consortiums of Indian and foreign firms have bid for the proposed private container terminal at Jawaharalal Nehru Port.23 Aug 1996 - 12:00am
Any early opening of the international Hong Kong telecommunications market could prompt Singapore Telecom to move into the territory as part of its global expansion.13 Jun 1996 - 12:00am
Shifting strategy should be second nature to Lee Hsien Yang. As a brigadier-general in the Singapore Armed Forces, the head of Singapore Telecommunications will have been aware that there must always be a fall-back option in case of the unexpected.14 May 1996 - 12:00am
THE Stock Exchange of Singapore (SES) must develop into a leading regional player - it has no choice.
Unlike its larger, relatively heavily populated and diversified neighbours, Singapore cannot rely on a developing portfolio of major industrial corporations to provide it with the turnover and liquidity that all markets need to flourish.10 Mar 1996 - 12:00am
CHINA'S Tianjin Traditional Chinese Medicine will adhere to its original plan of issuing shares on the Singapore stock exchange, unfazed by the sluggish trading in the only B-share listing on the exchange.
A company official said the pharmaceutical concern did not plan to opt for Hong Kong, at which many Chinese firms were lining up for an initial public offering.15 Feb 1996 - 12:00am
A DISGRUNTLED Singapore commentator has asked why, if it did not mean cheaper electricity, was the power company being privatised and floated on the stock market? Well, now it is not - at least not for many months or years.
Singapore Power's market listing has been shelved until it can match up to international standards of returns on its assets.13 Feb 1996 - 12:00am
THE Hong Kong stock exchange faces increasing competition for listings once an agreement between securities authorities in China and Singapore has been struck by the end of this year.
There are fears of an increasing number of China state-owned companies opting for primary listings in Singapore instead of Hong Kong.25 Oct 1995 - 12:00am