The nation’s benchmark Straits Times Index slumped 7.4% Monday. Now is the time to see how we can all get rid of this virus.”. Ltd. lost 58 billion Singapore dollars (US$39.91 billion) from … Temasek sold its stake in London-based Barclays at a loss in December and January, Reuters reported on June 3, citing people familiar with the matter. Temasek Holdings announces record net portfolio value of S$275b www.channelnewsasia.com Tue, 11 Jul 2017 14:19:21 +0800 Temasek Holdings announced on Tuesday (Jul 11) a record net portfolio value of S$275 billion (US$197 billion) as at end-March 2017, up from S$242 billion (US$180 billion) a year ago. Incorporated on 25 June 1974 as a Commercial Investment Company, Temasek owns and manages a net portfolio of S$306 billion (as of 31 March 2020), with S$26 billion divested and S$32 billion invested during the year, and 66% exposure to Asia – 24% Singapore and 42% Asia ex-Singapore. Temasek's portfolio value fell for the first time since 2009, posting a one-year total shareholder return of -9.02 percent. Before it's here, it's on the Bloomberg Terminal. Temasek owns shares like Alibaba and Singapore Airlines, and then also some like Thai mobile phone operator Advanced Info Service (that is part-owned by Singtel). This includes shares in which the firm is deemed to have beneficial interest, such as Thai mobile phone operator Advanced Info Service Pcl, which is part-owned by Temasek subsidiary Singapore Telecommunications Ltd. Singapore's Temasek may shift strategy under its new CEO Charles Goodyear after it suffered big losses on holdings in Western banks bought during … Tue, Mar 24, 2020 - 4:21 PM. That means our gahmen need to tap into reserves to help its people and businesses that are bleeding from the impact of the virus. Lest you think I’m pulling this number out of my behind, this was done by a Bloomberg analysis. SINGAPORE — Ms Ho Ching will step down as chairman of Temasek International, the wholly owned management and investment arm of parent company Temasek Holdings. Asked about the likely decline in value of Temasek’s portfolio due to the Covid-19 outbreak, Temasek Holdings Chairman Lim Boon Heng, speaking on the sidelines of a community event last Tuesday, said that the most important priority was to weather the crisis. It’s high time someone talks about the elephant(s) in the room (Singapore) that has been the talk of this election and conspiracy theorists: Temasek Holdings and GIC. Temasek Holdings is set to take control of conglomerate Keppel Corporation with an offer by its wholly-owned subsidiary Kyanite Investment Holdings to acquire an additional 30.55 per cent of Keppel shares at $7.35 apiece in cash. But for the full picture, I guess we have to wait until Temasek release their annual report ending 31 March 2020 in a few months time. Headquartered in Singapore, the company covers a broad spectrum of investments in industries such as financial services, telecommunications, media and technology, transportation, … About 42% of its assets as of March 31, 2019 were not publicly listed and are therefore less affected by volatile stock markets. Or maybe you don’t quite give a hoot because S$34 billion is a number that’s too big for most people to put into perspective how big it really is. Before all these apocalypse talks started, Temasek was actually doing pretty well despite things like the US-China trade war. The firm’s portfolio value even rose by 3% in January. That’s not to say the decline in public equities spells outright doom for Temasek. Share this article. But with commitment, resilience and by working together, we will come through it. SINGAPORE, July 29 – Singapore state investor Temasek said on Wednesday its portfolio had fallen by S$40 billion as of end-March 2009 from a year ago. Yep. 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