S$354m to S$381b | 1000X in 47 Years | Top 10 US Stocks Owned By Temasek
By Live Rich Life Free  •  January 23, 2022

Temasek Holdings was incorporated in 1974 to own and manage a portfolio of investments and assets valued at S$354 million, acquired from the Singapore Minister for Finance. This move allowed the Singapore Government to focus on its role of policymaking and regulations. Contrary to myths, Temasek does not play around with our CPF nor taxpayers' monies. Of the 35 companies in the intial portfolio, only 10 still remain. Others have been divested or liquidated. What is impressive is that Temasek Holdings grew this portfolio more than 1000X to S$381 billion, as of 31 Mar 2021. Highlighted in bold are the 10 original investments still present in the current portfolio. Acma Electrica Industries Ltd Cerebos Singapore Pte Ltd

Chemical Industries (F.E.) Ltd

4. Development Bank of Singapore Ltd Instant Asia Cultural Shows Pte Ltd Insurance Corporation of Singapore Ltd International Development and Construction Corporation...
Read the full article
By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!

Your email address will not be published.


Your Email Address will not be published

Read More Articles
More from thefinance