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.
Company: Singapore Airlines Country: Singapore Brokerage: Sun Hung Kai Research Recommendation: Hold THE global economic recovery and lower fuel prices helped SIA achieve 14.5 per cent growth in net income for financial year 1994-95.Sunday, 4 June, 1995, 12:00am
AMERICAN Marine and Offshore Service (AMOS) is now a wholly owned subsidiary of American Eagle Tankers (AET).
AET bought the remaining 50 per cent stake in AMOS from Nordic American Shipping.
AET is a wholly owned subsidiary of Singapore's Neptune Orient Lines.20 Mar 1995 - 12:00am
GOLDTRON Holdings is changing its accounting year-end date from September 30 to December 31, beginning from this year.
The rationale for the change is to enable the firm to terminate its financial year along with that of its major shareholder, Goldtron Ltd, which was incorporated in Singapore.19 Jan 1995 - 12:00am
CHEVALIER Singapore Holdings, a wholly owned subsidiary of Hong Kong-based Chevalier International Holdings, says it is offering 28.12 million shares at 61 Singapore cents per share to raise about S$14.1 million.
Chevalier Singapore intends to use about $10 million to repay its existing borrowings and the balance as working capital.19 Oct 1994 - 12:00am
AN aircraft servicing joint venture will be set up in Shenzhen, according to a contract signed yesterday.
The joint venture - the Shenzhen Aircraft Maintenance and Engineering Co - will be formed by the Shenzhen Airport Co, Singapore Aerospace, the Singapore-China Merchants Aviation Holdings and Zhangyi International Airport Services.11 Aug 1994 - 12:00am
SINGAPORE container through traffic rose nearly 18 per cent to 2.4 million boxes in the first quarter of this year.
Figures released by the Port of Singapore Authority (PSA) show 87 per cent of the boxes contained cargo, amounting to 32.7 million tonnes. The other 13 per cent were empty.22 Jun 1994 - 12:00am
FRENCH telecommunications giant Alcatel is looking to pioneer a cut-price regional in-flight telephone network in Asia.
It claims its terrestrial flight telephone system (TFTS) will cost passengers less than US$4 for the first unit used, compared with a hefty average of $18 on the existing satellite system being used by airlines in the region.2 Feb 1994 - 12:00am
NEPTUNE Orient Lines (NOL) will set up a joint-venture company to provide a container cargo service between Manila and Cebu.
The new company, Neptune Philippines Alpha Inc, was approved in December by the Board of Investment (BOI), according to Singapore's Business Times.3 Jan 1994 - 12:00am
THE powers that be are obviously determined that Hong Kong should have a confusing array of telecommunications services - with all vying for pieces of the same cake.
We are told the most likely scenario is that a multiple of licences will be issued for a variety of specific services.16 Nov 1993 - 12:00am
CHINA Investments Holdings is selling its five per cent stake in Nine Queen's Road Central for $57.5 million.
The company said yesterday it had made a profit of more than $20 million in the transaction.
The company had a five per cent stake in Innsbuck Co, which paid Hongkong Land Holdings $3.8 billion for the property in May last year.11 Nov 1993 - 12:00am
SINGAPORE shares perked up in evening trading to push the 30-share Straits Times Industrials (SET) index to a new closing high of 2,123.85.
The index, up 18.17 points from Monday's close, compares with the previous closing high of 2,116.14 set on October 18.3 Nov 1993 - 12:00am
PACIFIC Eagle Lines (PEL), Regional Container Lines (RCL) and Singha Shipping - a wholly owned subsidiary of Neptune Orient Lines - will jointly provide fixed-day container liner services between Singapore and the Philippines.
The inaugural voyage of this new joint service was last Saturday, with the sailing of the Dragon Sumatra.13 Oct 1993 - 12:00am
GUANGDONG International Trust and Investment Corp Holdings (GITIC) has terminated its negotiations to acquire a controlling stake in Emperor (China Concept) Investments.
In a joint statement, Emperor (China Concept) and its parent company Emperor International Holdings said its directors had been informed by GITIC that the proposed sale would not be concluded.24 Sep 1993 - 12:00am
A MAINLAND firm partly owned by Guangdong International Trust and Investment Corp (GITIC) has taken an eight per cent stake in Four Seas Travel in a $16.6 million share placement.
The purchase by Guangdong Yuanyue Economic Development, majority-owned by GITIC and State Raw Material Investment Corp, came as GITIC is seeking another target for a backdoor listing in Hong Kong.15 Sep 1993 - 12:00am
DIRECT American investment in Asia at the end of last year reached US$78.2 billion (about HK$606 billion) - an increase of 10 per cent on the previous year, according to the US Department of Commerce.22 Aug 1993 - 12:00am