Temasek Holdings

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.

Singapore's Temasek names Zoellick to board as fund opens US office

Robert Zoellick is former president of the World Bank.

Temasek appointed former World Bank president Robert Zoellick to its board of directors as Singapore's state-owned investment company looks to start its first office in the US.

Friday, 2 August, 2013, 4:32am

Singapore’s DBS has one more shot at Danamon

DBS Group is Southeast Asia’s biggest bank. Photo: Reuters

DBS Group, Southeast Asia’s biggest bank, on Monday gave itself one more chance to buy a controlling stake in Indonesia’s PT Bank Danamon after Jakarta threw a spanner in the works of the proposed US$7.2 billion takeover.

29 Aug 2013 - 4:13am

Goldman Sach's ICBC sale is good sign for China banks

Goldman Sachs sold its remaining shares in ICBC earlier this week for US$1.1 billion. Photo: Reuters

Temasek's boosting of its stake in ICBC is a positive signal for Chinese banks, reinforcing the view that their shares are currently undervalued

22 May 2013 - 1:37pm

Singapore's Temasek hires latest senior banker

Singapore's Temasek hires latest senior banker

Temasek Holdings, Singapore's state-owned investment company, has hired Morgan Stanley managing director Jonathan Popper, said two people with knowledge of the matter who asked not to be identified.

12 Jan 2013 - 6:07am

Olam International's bond sale only 'delays collapse', says Carson Block

Carson Block

Olam International's planned US$1.25 billion raising will only postpone the likely collapse of the commodity trader, according to Muddy Waters, the research firm led by short-seller Carson Block.

5 Dec 2012 - 3:12am

Rice trader Olam International fights back over Muddy Waters' claims

Group Managing Director and Chief Executive Officer Sunny Verghese of Olam International Limited. Photo: Reuters

Olam International, whose shares have fallen 9.5 per cent since short seller Carson Block said it might fail, has sued him for defamation. He responded with a 133-page report that called the commodity trader an emperor with no clothes.

4 Dec 2012 - 3:10am

Temasek set to offload 400m SingTel shares

Temasek Holdings, Singapore's state-owned investment company, is selling S$1.28 billion (HK$8.06 billion) of shares in Southeast Asia's biggest telephone company, according to two people with knowledge of the deal. The stock slumped the most in more than a year.

27 Sep 2012 - 2:48am

Yes dear investor, there is a tooth fairy

17

Temasek Holdings

This one number stands out from all the others in the 2012 review highlights of Singapore's sovereign wealth fund. Temasek claims that it has achieved an average total shareholder return of 17 per cent since inception in 1974, or 19 per cent in US dollar terms.

In response to this claim I shall now enter my own cryptic statement:

17 Jul 2012 - 12:00am

Making the most of difficult times

Most people naturally fear a crisis, but not Sebastian Paredes. The DBS Hong Kong chief executive has built his career on them.

'You can never say you are lucky to confront a crisis, but I have made crisis my friends,' said Paredes, a 50-year-old father of three who now heads the Hong Kong business of Southeast Asia's largest bank.

14 Apr 2012 - 12:00am

City state eyes China openings

Singapore is a mere speck compared with mainland China, but this huge contrast in size may shape economic relations between the countries. The city state is banking on its expertise in creating urban sustainability within a tiny area to boost trade with the world's most populous nation.

28 Oct 2011 - 12:00am

Number of big deals down by half

The number of major property deals completed in the third quarter in Hong Kong dropped more than 55 per cent compared with the previous quarter. Investor appetite was soured by uncertainties over the global economy and tighter credit on the mainland, according to property consultant DTZ.

12 Oct 2011 - 12:00am

Temasek's trades in big banks like 'hedge fund'

Singaporean sovereign wealth fund Temasek Holdings' investment reversals in two of the largest mainland banks in the past two months have drawn criticism that it was acting like a hedge fund rather than a long-term investor.

7 Sep 2011 - 12:00am

Fund-raising not on BOC agenda, chief says

Bank of China, unlike its major mainland competitors, has no immediate plans to raise more capital, says Li Lihui, president of the mainland's biggest foreign exchange lender.

21 Jul 2011 - 12:00am

SITC and Neptune Orient partner at Qingdao

SITC International Holdings, the Hong Kong-listed mainland shipping and logistics company, has teamed up with Singapore's Neptune Orient Lines to help operate a two-berth container terminal in Qingdao. The complex, which will be able to handle 1.5 million teu (20-foot equivalent units) a year, is due to become operational by the end of this year.

20 May 2011 - 12:00am

Frasers Hospitality in talks with Ping An on serviced-units tie-up

Global serviced apartment operator Frasers Hospitality is in talks with mainland insurer Ping An for a future tie-up that would reinforce an aggressive expansion in China, its key growth market in the next two years.

25 Oct 2010 - 12:00am

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