Temasek’s total shareholder return was -2.3% and its net portfolio value fell to S$306 billion in … Temasek Holdings (Private) Limited (abbreviated as Temasek) is a Singaporean holding company, owned by the Government of Singapore.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 … That leaves the Singapore fund sitting on billions of pounds in paper losses. The... Would love your thoughts, please comment. By The Maritime Executive 12-24-2020 06:14:00 2020 was a year for the record books. Our portfolio is S$306 billion and is focused primarily in Asia and Singapore. Showering in the Morning vs Evening: Which is Better? The mining company then developed interests in the Oyu Tolgoi copper-gold mine development project, said Pat Low. ... Temasek abandons $3 billion bid for Keppel after conglomerate's loss FILE PHOTO: A Temasek logo is seen at the annual Temasek Review in Singapore. A whopping 72.6 per cent of Singaporeans are spending New Year's Eve at home -- whether alone or with close family, according to results... by Danisha Hakeem and Yas 26 of them are import cases, including one Singapore Airline... How to Use “Ok Boomer” in an Office #shorts. Each year, our gahmen‘s budget is partly funded by a net investment return contribution, which is based on returns from Temasek, sovereign wealth fund GIC, and the Monetary Authority of Singapore. Temasek is an investment company headquartered in Singapore with a multinational staff of over 800 people. That’s President Halimah Yacob’s. Yeah, we were doing better than the year before until shit happens. Excluding impairment, Keppel Corp would have reported commendable core profit of S$222m (+45% y-o-y). Massive impairment of S$919m in 2Q20 dragged Keppel Corp into largest ever net loss of S$698m. This brings the total... China has confirmed its first case of a new coronavirus variant that was recently detected in Britain, health officials said. “ [If] that’s the case, it should have realised additional loss in the US$700m ballpark figure. The blogger went on to explain that Oyu Tolgoi coal mine started operation in 2008, but its operation was curtailed in 2012 due to adverse market condition. Based on the About section of his blog, he had spent a major part of his career in the banking industry and eventually became a channel partner of an electricity retailer after retirement. When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. S’pore No Longer Isolating All COVID-19 Patients in Hospitals & It’s Actually a Smart Move, Here’s Why So Many S’poreans Are Getting Infected in the UK: It Was a ‘Stupid Error’, Minister Explains Why It’s Still Not a Lockdown & Why Schools Are Still Open Despite New Measures, Ultimate List of Progressive Measures Made by S’pore Since the First COVID-19 Case to Now. (Photo: REUTERS/Edgar Su) Also, things might not be as grim as it looks. Although Temasek was not listed as a major shareholder in the Turquoise Hills’ SEC Filling 2020, Pat Low noted that the balance shares might have been “disposed”. Our portfolio is S$306 billion and is focused primarily in Asia and Singapore. But first, the background. Singapore's Temasek Holdings is terminating its $3 billion conditional offer for conglomerate Keppel Corp by invoking a material adverse change (MAC) clause following the company's poor financial results. 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