Singapore investment firm Temasek Holdings recently released its latest annual review for the fiscal year ended 31 March 2022 (FY2022).
The firm, which invests in a mix of listed and unlisted businesses, reported that its portfolio value rose to S$403 billion, up 5.8% from S$381 billion a year ago.
Temasek’s geographic mix has also shifted towards Singapore in recent years, with the island state taking up the lion’s share of its portfolio at 27% for FY2022, up from 24% in FY2021.
In terms of sector, both financial services and transportation & industrials make up close to half of the portfolio’s total value at 45%, up from 43% last year.
Chairman Lim Boon Heng acknowledged that the world today is very complex, but that there are “tremendous opportunities” for everyone to work together to overcome the challenges we face.
CEO Dilhan Pillay sees Temasek Holdings as a purpose-driven organisation that will devote resources to nurture people and prepare them for the future....