Sign up | Log in



Home  >>   Daily News  >>   Singapore  >>Companies  >> New high in Temasek net portfolio
NEW UPDATES Asean Affairs  10 July 2015  

New high in Temasek net portfolio

TEMASEK Holdings grew its net portfolio value by S$43 billion to a fresh record of S$266 billion for the year ended March 31, the Singapore investment company announced yesterday during its annual performance review.

One-year total shareholder return (TSR) was 19.2 per cent. One of the key measures of Temasek’s performance, TSR for 10 years and 20 years were nine per cent and seven per cent respectively. Since its inception in 1974, Temasek’s return to its shareholder – the Ministry of Finance – has been 16 per cent.

The stellar performance came as Temasek saw its most active 12 months since the global financial crisis, during which it made S$30 billion of new investments and a record S$19 billion in divestments.

The investment company continued to adopt an Asia-focused portfolio strategy, with its exposure to the region staying at 70 per cent compared to 2014’s 72 per cent.

Singapore remained the most significant country on its portfolio, with a 28 per cent exposure.

"Within Asia, we have been steadily increasing our exposure to China, which is at 27 per cent of portfolio... We have broadened our exposure to include sectors like insurance, consumer, and technology, which are likely to benefit from the transformation of China," Temasek added.

Alongside its widely reported S$5.7 billion investment in consumer giant A.S. Watson last year, other regional investments included generics firm Intas and hospital operator Global Health in India, as well as transportation network company Didi Kuaidi in China and Southeast Asia-based e-commerce platform Lazada.

In the developed economies, Temasek grew its combined exposure to North America and Europe from 14 per cent to 17 per cent, focusing on the life sciences segment with an US$800 million additional stake in Gilead Sciences in the United States.

Temasek also snapped up MidCity Place and 22 Bishopgate in the United Kingdom.

Temasek has pared down its stake in China Construction Bank, benefitting from the bull market and also sold around 10 per cent of its Alibaba stake after the Internet firm’s successful listing. Other divestments included Mosaic, Cloudary, Kunlun Energy and Medreich.

“On balance, our activities reflect our constructive view of the global economy in the longer term, as well as our flexibility to capitalise on shorter term liquidity-driven rallies in some markets, as we had seen in the second half last year,” Temasek president Lee Theng Kiat said.

Going forward, Temasek will continue to explore disruptive sciences in areas such as energy and biotech. At home, Temasek will step up its efforts to support the growth of local business and institutions through its Enterprise Development Group, which spearheaded the combination of CitySpring Infrastructure Trust and Keppel Infrastructure Trust.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           July  10 , 2015 Subsribe Now !
• VN electronics exports expand Subcribe: Asean Affairs Global Magazine
• New high in Temasek net portfolio
• BI on guard against impact of Chinese crash
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• PHL lenders to meet capital needs of banks 'too big to fail' – Fitch
• Southern Ca Mau seeks $2.5b seaport
Asean Analysis                   June 26, 2015
• Asean Analysis June 26, 2015
U.S. Companies Engage Myanmar on Reforms, Capacity and Infrastructure
Advertise Your Brand

Asean Stock Watch  July  9,   2015
• Asean Stock Watch-July  9, 2015
The Biweekly Update
• The Biweekly Update June 26, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2019 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand