Temasek holdings shareholders. Sun Financial Holding Co.
Temasek holdings shareholders Doing things today with tomorrow in mind, 2024 2023 About Temasek Holdings (Private) Limited ("Temasek") Temasek Holdings (Private) Limited ("Temasek") is an Asia investment company headquartered in Singapore. (1) “Subsidiary holdings” is defined in the Listing Manual to mean shares referred to in Sections 21(4), 21(4B), 21(6A) and 21(6C) of the Companies Act 1967. Stock Symbol. While this is an astounding return, we also have to be aware that the financial year Singapore sovereign wealth fund Temasek will emerge as majority shareholder in an enlarged CapitaLand Group following anticipated shareholder approval of its S$11bn (€7. sold a US$14 billion stake this year, The first phase involved Temasek's establishment as a holding company for “some 30 [] start-up investments. Subscribe from S$9. , a wholly Standard Chartered’s largest investor Temasek has grown frustrated with the slow pace of chief executive Bill Winters’ turnround and is stepping up pressure on the UK-listed bank ahead of his Stable 20-year Total Shareholder Return 3 at 7%; 10-year TSR at 6%; Launched inaugural Sustainability Report, bringing together disclosures and progress made; Marked 50th anniversary with S$150 million community gift to advance capabilities in Singapore Singapore, Tuesday 9 July 2024 – Temasek reported a Net Portfolio Value (NPV) of S$389 billion 4 for In 2018, Temasek adopted the International Financial Reporting Standards (IFRS), in line with Singapore’s convergence with IFRS. With a track record of more than 110 spin-off companies generating over $2 billion in annual sales, Yissum ranks among the top technology companies in the Notes: The percentage is calculated based on 5,192,881,525 issued shares (excluding treasury shares) "Subsidiary Holdings" is defined in the Listing Manual of the Singapore Exchange Securities Trading Limited to mean shares referred to in Sections 21(4), 21(4B), 21(6A) and 21(6C) of the Companies Act, Chapter 50 of Singapore. The 2006 sale of the Shinawatra family's share caused controversy in Thailand. of Shares %* Direct Deemed Total Maju Holdings Pte. It builds on the sustainability-related disclosures made as part of Temasek Review and our Task Force on Climate-related Financial to enhance shareholder value and advocate good governance practices. We invest in human potential, build with courage, and catalyse solutions, with sustainability at the core of what we do. Asia Mobile Holdings Pte. Temasek has a professional management team comprising 40 percent non-Singaporeans at its senior levels, and is headquartered in Singapore, a Shareholder Temasek backs re-election of Bayer supervisory board chair -WiWo. 4 million at S$2. : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Singapore S. of Shares %4 No. r. [14] By then RRJ had a minority stake in insurance company FWD Group, which was reportedly laying the groundwork for an IPO in Singapore Press Holdings (SPH) said on Tuesday its shareholders had approved acquisition by Cuscaden Peak, after it announced it was terminating rival bidder Keppel Corp's offer. Acquisition or disposal of voting securities or voting One-year total shareholder return fell to minus 5. He has AEM Holdings Ltd. 2 billion at today’s exchange rate) for a 24. With a multinational staff of some 250 people, we manage a portfolio of over S$160 billion, or more than US$100 billion, focused primarily in Asia. Temasek’s Investments in Singapore-listed GLCs and GLREITs 22 4. We recognise that Chandaria, whose family constitutes the main shareholders of the business, said that UST Global also identified a cultural and values business with Temasek, which he believes will be able to open Temasek Holdings, Singapore’s sovereign wealth fund, has nearly $300 billion in equity holdings, placing them confidently as one of the most substantial sovereign wealth funds in existence. Tel: (8862) 2175 1313 Mobile: 0972-188-093 Email: joseph@email. 8% of the total issued share capital of Olam. Accelerating Momentum; Embedding ESG into our Core Business; Engaging our Companies; Enabling a Sustainable Company; Developing a Diverse and Inclusive Institution; Driving Partnerships for SINGAPORE: Temasek Holdings on Tuesday (Jul 12) reported a record net portfolio value that crossed S$400 billion for the first time, while predicting a slower investment pace ahead. Temasek firm’s deal values Malaysia 5G winner at RM7. Temasek Holdings is pleased that 98 Holdings has raised its offer price for NatSteel from S$2. The other shareholders of Indeco are Urban Redevelopment Authority and JTC International. 68 per share in the Scheme. Today, it is no longer a passive holding company; it has a $382 billion portfolio, with a 20-year total shareholder return of 9 per cent as at 31 March 2023. 04– CLA Real Estate Holdings Pte. In all these, we seek to Do Well, Do Right, and Do Good. 39% stake in Bharti Telecom for a total consideration of S$2. 605 billion at a price of S$4. Comparative financial statements for the years ended 31 March 2002 to 2017 were prepared based on Singapore Financial Reporting Standards. He was appointed Executive Director and CEO of Temasek Holdings on 1 October 2021 and is concurrently the Executive Director and CEO of Temasek International, which are positions he has held since April 2019. Temasek Holdings as a State Holding Company 15 3. For media enquiries, please contact: Mr. This site uses cookies. (“Maju”) is a wholly-owned subsidiary of Temasek Holdings (Private) Limited (“Temasek Azelis Group NV - Shareholder Structure. (“Maju”) is a wholly-owned subsidiary of Temasek Holdings (Private) Limited (“Temasek”). 92 29. OIH Investment LLC Nippon Telegraph and Telephone Corporation NTT Communications Corporation : Notes: (1) Temasek Holdings (Private) Limited (Temasek) is SGX:AWX Earnings and Revenue Growth January 4th 2023. April 3, 2023. 879. Shareholders. It is currently about one fifth of our unlisted portfolio, and includes companies such as Vertex Holdings and Seviora Holdings, which comprises four companies owned by, or affiliated with, Temasek – namely Azalea Investment Management, Fullerton Fund Management, InnoVen Capital, and Seatown Holdings International. We have audited the statutory consolidated financial statements of Temasek and its subsidiaries (the “Group”) for the financial years ended 31 March 2008 to 2023 and have issued unmodified audit reports. Post-transaction, Temasek, which currently owns about 40. Supported by 13 offices across 9 countries, Temasek owns a S$389 billion portfolio A TEMASEK Holdings firm’s stake sale agreement values U Mobile at about RM7. 99% in Seatrium, down from 39. Temasek Holdings (Private) Limited 458,899,869 284,145,301 – 481,618,920 458,899,869 765,764,221 17. The statutory consolidated financial statements for the financial years ended 31 March 2002 to Listed on the Singapore Exchange, DBS was officially incorporated by the Government of Singapore on 16 July 1968 to take over the industrial financing responsibilities of the Economic Development Board (EDB). Incorporation allowed the company to own and manage investments and assets that the Last year shareholders raised concerns after the property assets of Singapore Press Holdings became the target of two takeover bids from Temasek-linked entities, which were separated in value by S twenty largest shareholders as shown in the register of members and depository register no. Temasek has had an overall corporate credit rating of Aaa/AAA by rating agencies Moody’s Investors Service and S&P Global Ratings respectively, since our inaugural credit rating in 2004. 9% stake in the money manager that’s worth about US$3. 44 6 dbs Temasek Holdings, AEM Holding’s largest shareholder, has increased its stake after an indirect subsidiary bought more shares in the market. It acts principally as Singapore’s holding company for virtually all state-owned enterprises (SOEs) in a broad spectrum of industries: financial services; Temasek Holdings, AEM Holding’s largest shareholder, has increased its stake after an indirect subsidiary bought more shares in the market. In addition, Temasek is deemed to be interested in Temasek operates as an active shareholder and investor, and its investments activities are guided by four central themes – transforming economies, growing middle income populations, Total Shareholder Return (TSR) is a compounded and annualised measure, which includes dividends paid to our shareholder and excludes investments made by our shareholder in Based on information available to the Company as at 31 May 2019, approximately 63. Stock Chart. 55%. DBS's largest and controlling shareholder is Temasek Holdings, Singapore's second-largest sovereign wealth fund after GIC. We are an active shareholder and investor in diverse industry sectors such as banking & Temasek Holdings. The company's largest shareholder is Temasek Holdings (Private Smart Roads. LTD. Our compounded annualised Total Shareholder Return since inception in 1974 is 15% in Singapore dollar terms, or 17% in US dollar terms. Introduction 9 2. 47 billion, and the purchase through a placement of nearly 386 million new shares in Singtel for S$1. 963,10 19 May 2023: Total number of voting rights ("denominator") 243. 87 Temasek Holdings (Private) Limited 284,145,301 476,774,056 760,919,357 29. 8 million new shares via a placement at $3. (“Tembusu”), which in turn is a wholly owned subsidiary of Temasek Holdings (Private) Limited (“Temasek”). 79 each. As indicated via an SGX filing on March 9, Temasek’s indirect subsidiary Venezio Investments, paid $5,647,480. As a The effects of adoption of IFRS 9 were recognised in the shareholder equity as at 1 April 2018. In turn, the Board delegates the day-to-day management of Temasek to Temasek's Temasek Holdings (Private) Limited Domicile Singapore Long Term Rating Aaa Type LT Issuer Rating - Fgn Curr Outlook Stable Please see the ratings section at the end of this report for more information. Lee Kuan Yew, recognizing the Singapore's state investor Temasek and other investors are injecting $250 million into German biotech company BioNTech <BNTX. 590,220,938 39. 3 billion), according to people familiar with the matter, after the Malaysian JSW Neo Energy, a wholly owned subsidiary of listed JSW Energy, has emerged as the lead bidder to acquire O2 Power, the renewable energy platform held by Swedish asset 5. To do this, we need the support of our shareholders. ACCEPT DECLINE. 5 billion: sources. 94 0 17. The company was founded in 1974 to own and commercially manage the investments and assets acquired from the Government of Singapore. 68 billion. [1] [4] Total shareholder return (TSR) tahunan We are the auditors of Temasek Holdings (Private) Limited (“Temasek”). The ratings and outlook shown reflect information as of the publication date. Stay informed and keep abreast of the latest news from Temasek. 458,899,869 – 458,899,869 17. Singapore Telecommunications Limited; Former President and CEO . 4 Holding company Kewalram Singapore and Olam's group managing director and chief executive officer, Sunny Verghese, are the largest shareholders in Olam with a joint 32% stake of the existing share capital. In the 2000s, we stepped out and grew with an emerging Asia. l. In 2018, unit price of Asian Pay TV Trust plunged after the business trust announced massive cut in distribution. Temasek Holdings The last investor in this top five list is global investment company Temasek Holdings. Temasek's portfolio of listed investments was marginally above 40% as of March 31, 2024 (on an adjusted basis). For Total Shareholder Return (TSR) is a compounded and annualised measure, which includes dividends paid to our shareholder and excludes capital injections from our shareholder. 4. Doing things today with tomorrow in mind, 2024 2023 Temasek Holdings is an investment holding company incorporated on 25 June 1974 under the Singapore Companies Act to manage the Singapore government’s investments in government-linked companies (GLCs). name no. As reiterated in our annual reviews, and the latest Temasek Review 2024 published on 9 July, our mandate to deliver sustainable returns over the long term guides our strategy and shapes our portfolio. 11 481,618,920 29. Name No. Drawing from extensive research and interviews with more than 80 Temasek staff, alumni, and business partners, the By Generations, For Generations book explains Temasek's enduring purpose as a generational investor and takes the reader behind the scenes of key business deals, offering a rare insider Maju Holdings Pte. In the Temasek Holdings, the controlling shareholder of both Seatrium and Keppel Corp, holds a deemed stake of 38. (SGX: BN4) SGD (-)-ISIN / Symbol BN4; Shares in issue In this paper, we document the investment behavior of a specific fund, Temasek Holdings, which is the Singapore government’s SWF. If we consider the market value of our investments, then the total shareholder returns to the government would be a compounded annual return of more than 18% over a 30-year period, We provide shareholders and prospective investors with information necessary to make well-informed investment decisions and to ensure a level playing field. Pavilion Energy was established by Temasek in 2013 to be an integrated LNG and 5 In supporting its image as an investment house, Temasek announced in March 2008 that the firm’s mission is to “create and maximize long-term shareholder value as an active investor and Temasek Holdings was established in 1974 to kickstart Singapore's industrialisation. 3% after the placement. Subscribe. This is because, Temasek Holdings was founded in 1974 under the Singapore Companies Act, which incorporated the organization. 62 a share to about S$752. For more details about cookies and how to manage them see our cookie policy. 5 billion (S$2. How did Temasek grow to become the The reason for this is that Temasek already owns a majority of shares in SMRT. PDF. LOG IN SUBSCRIBE. The company's largest shareholder is Temasek Holdings (Private) Limited, with ownership of 29%. [1] [4] Total shareholder return (TSR) tahunan Temasek Holdings (Private) Limited (Temasek). Updated on Oct 09, 2024. 6 million new shares SUBSTANTIAL SHAREHOLDERS As shown in the Register of Substantial Shareholders Direct Interest Deemed Interest Total Interest Substantial Shareholders No. Temasek Holdings is an Asia investment company headquartered in Singapore. OIH Investment LLC Nippon Telegraph and Telephone Corporation NTT Communications Corporation : Notes: (1) Temasek Holdings (Private) Limited (Temasek) is twenty largest shareholders as shown in the register of members and depository register no. It provides governance and financial oversight of endowments for an ecosystem of entities with the shared purpose of building better for every generation by protecting the planet, uplifting communities, connecting people, 5 In supporting its image as an investment house, Temasek announced in March 2008 that the firm’s mission is to “create and maximize long-term shareholder value as an active investor and Temasek Holdings (Private) Limited, atau hanya Temasek, adalah sebuah badan usaha milik negara Singapura. Share Performance. 6% for Temasek holdings Singapore company investments (Panel B of Table 1). We also believe in market discipline and competition as a basic philosophy for the development of competitive businesses. 58 2 citibank nominees singapore pte ltd 649,076,304 12. The Singapore - Temasek Holdings ("Temasek") launched a share offering yesterday, 6 January 2004, to place out part of its stake in SingTel. (“Maju”) is a wholly-owned subsidiary of Temasek Holdings (Private 5 In supporting its image as an investment house, Temasek announced in March 2008 that the firm’s mission is to “create and maximize long-term shareholder value as an active investor and Temasek Holdings (Private) Limited, atau hanya Temasek, adalah sebuah badan usaha milik negara Singapura. Temasek Holdings, a global investment company headquartered in Singapore, became the majority shareholder of Olam after the completion of a voluntary general offer in May 2014. Temasek Holdings (Private) Limited has sufficient credit strength to offset the asset liquidity risk should the proportion of listed assets in its portfolio fall below 40%. The transaction was completed on 25 September 2019. Temasek Holdings has acquired 9 organizations. It sets out our sustainability approach, targets, milestones, and strategies, in addition to the key challenges we seek to address on our journey towards net zero, nature positive, and inclusive growth. Under our IHC Methodology, when the proportion of listed assets falls below 40% of the portfolio, the Substantial shareholders No. Temasek makes $7 billion loss as Subsidiaries of TEMASEK HOLDINGS (PRIVATE) A subsidiary company is a company controlled by a holding or parent company. One-year To Temasek CEO Dilhan Pillay Sandrasegara, Mandai Wildlife Reserve (MWR) is the one project that fulfils all three roles mapped out in the 2012 Temasek Charter – an investor and Temasek, the sovereign wealth fund of Singapore and a major shareholder in Bayer , will back re-election of the German pharmaceuticals company's supervisory board AEM announced last week that Temasek is set to become the group’s largest shareholder after a placement exercise. Temasek is a global investment company owned by the Government of Singapore. Dilhan has held various leadership roles in Temasek, including Head of the Investment, the Portfolio Management and the Enterprise Development Groups. This works out to an average of $4. As a result, Temasek Holdings (Private) Limited yoki oddiygina Temasek – Singapur hukumatiga tegishli boʻlgan Singapur davlat xolding kompaniyasi. SI> voted overwhelmingly on Thursday in favor of Temasek Holdings' S$1. Search . AEM announced last week that Temasek is set to become the group’s largest shareholder after a placement exercise. E. is a Singapore-based investment holding company. 18 billion ($866 million) bid to take full Established by Temasek Holdings in 2007, Temasek Trust (TT) is a steward of philanthropic assets, advocate of sustainability, and catalyst of positive impact. 921. In comparison, the second and third largest shareholders hold about 2. Analyst Coverage. Incorporated in 1974, Temasek is an investment company headquartered in Singapore. 14 * Percentage is calculated based on the total number of issued ordinary shares, excluding treasury shares 1. 32% of the total number of shares issued by the company (243,921,719). Temasek has a professional management team comprising 40 percent non-Singaporeans at its senior levels, and is headquartered in Singapore, a Temasek Holdings. Unlock for free . Leadership. (Investment Company) Name Equities % Valuation; Temasek Holdings Pte Ltd. (Investment Company) 53. Business. sg Serene Lee Associate Director, Corporate Communications Temasek Holdings (Pte) Ltd Tel: (65) 6828 6765 Mobile: (65) 9692 0918 Email: Singapore. This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. The improved liquidity and broadened institutional Earlier this week, Temasek announced its FY2023 performance. 67 3 dbsn services pte. It currently owns 1,963,148,732 shares through Breedens Investments and Aranda Investments, representing 51. Temasek believes that the offering will contribute towards improving the liquidity of SingTel's stock in the public market, Temasek expects the divestment process to begin in the second half of this year, with the entire process to be completed by end 2008 or early 2009. of shares %1 1 capitaland group pte. The company's largest shareholder is Temasek Holdings (Private As a shareholder, Temasek has not been involved in the day-to-day operations, business or investment decisions of our portfolio companies. 7 billion (S$7. 30 6 dbs SINGAPORE, 22 September 2021 – To comply with the requirements of The Singapore Code on Take-overs and Mergers (“Code”), Startree Investments Pte. 1 Headquartered in Singapore, the company covers a broad spectrum of investments in industries such as financial services, telecommunications, media and Temasek confirms it has entered into conditional share purchase agreements with Singtel for the sale of a 21% stake in Intouch Holdings and its remaining 7. High trading interest. This increase of about S$150 The Temasek Charter; Performance Overview; Portfolio Highlights; Accelerating a Sustainable and Inclusive World ; Temasek Portfolio at Inception; Sustainability at the Core. OIH Investment LLC Nippon Telegraph and Telephone Corporation NTT Communications Corporation : Notes: (1) Temasek Holdings (Private) Limited (Temasek) is For media enquiries, please contact: Rachel Lin Associate Director, Corporate Communications Temasek Holdings (Pte) Ltd Tel: (65) 6828 6766 Mobile: (65) 9666 1855 Email: rachellin@temasek. 20 5 hsbc (singapore) nominees pte ltd 279,843,791 5. Location Singapore CIK 0001021944 All SEC filings Agreements between Ruffini Partecipazioni Holding, Temasek and the Rivetti Shareholders – Ruffini Partecipazioni strengthens its stake in Moncler Milan, 23 February 2021. 3 billion), according to people familiar with the matter, after the Malaysian phone company won a major 5G contract. It provides steady and sustainable multi-year funding to Total shareholder return for Temasek since its inception in 1974 was 15% compounded annually. The fund bought the stake from Manipal's promoters and existing shareholders. As we commemorate our 50th anniversary, we recognise the achievements and contributions by generations past who made Temasek what it is today. This placement will increase the free float of SingTel to 43. Temasek is offering shareholders S$1. 1974-yil 25-iyunda tashkil etilgan Temasek 2022-yil holatiga ko‘ra 403 milliard singapur dollarlik sof portfeliga egalik qiladi va boshqaradi, yil davomida 37 milliard singapur dollari ajratilgan va 61 milliard singapur dollari investitsiya qilingan [4]. In 2023, Temasek Holdings led a $140 million funding round for Ola Electric. Temasek International Pte. Data Transparency. Read The 2006 sale of the Shinawatra family's share of Shin Corporation (ShinCorp) to Temasek Holdings caused great controversy in Thailand. Its segments include Institutional Banking, Consumer Banking/ Wealth Management and Treasury Markets, and Others. 415,876,566 8. TJ Holdings (III) Pte. Temasek Holdings (Private) Limited, atau hanya Temasek, adalah sebuah badan usaha milik negara Singapura. You can find out more information here. Limitations 40 7. 400: 0,17% Equivalent financial instruments (1) Akita I S. 17% of the issued ordinary shares (excluding ordinary shares held in treasury) are held by the public and SINGAPORE - State investor Temasek Holdings' one-year total shareholder return bounced back in the year ending March, with its portfolio value reaching a new high. Over the weekend, Singapore Technologies Engineering Ltd (SGX: S63), or STE, announced the acquisition of TransCore, an indirect wholly-owned subsidiary of Roper Technologies Inc (NYSE: ROP) for US$2. The firm has always been important to the nation as most of ${pg_title} | Corporate Figure or Shareholder. He has For FY2021 which ended 31 March 2021, Temasek Holdings announced that it has achieved a total shareholder return of 24. This included the adoption of IFRS 9: Financial Instruments in 2018 and IFRS 16: Leases in 2019. 44 % Temasek Holdings (“Temasek”) has completed its placement of 770 million ordinary shares of SingTel at S$2. 41 5 raffles nominees (pte. Temasek closed its financial year on Mar. Temasek Holdings, AEM Holdings’ largest shareholder, has been steadily adding its stake in the chip tester. This increase of about S$150 Temasek Holdings (Private) Limited 284,145,301 464,974,240 749,119,541 29. As an institution, we have a stake in the well-being of our larger community. The average investment in our sample of An investment holding company for the Singapore government, Temasek Holdings was incorporated on 25 June 1974 to manage its investments in government-linked companies (GLCs). Using a sample dataset of 150 publicly listed Singapore firms five year period for our sample with a full sample pooled average of 7. Temasek, a company wholly-owned by ² Temasek Holdings (Private) Limited is deemed interested in 8,979,415 shares in which its subsidiaries and associated companies have direct or deemed interests. SINGAPORE: Temasek Holdings on Tuesday (Jul 12) reported a record net portfolio value that crossed S$400 billion for the first time, while predicting a slower investment pace ahead. 9. Maju Holdings Pte. Corporate Governance of GLCs 27 5. 05%. CLA Real Estate, TJIII, Glenville, Mawson, Bartley, Tembusu and Temasek, respectively, are deemed to have an interest in the shares in Temasek had a difficult 2022 overall, reporting a negative 5% one-year return to shareholders for the fiscal year ending March 31—the investment company’s worst results since 2016. Some Chinese policymakers viewed Temasek, its government holding company, as a model for state asset management. In the On May 21, 2024, Temasek Holdings (Private) Limited (taking into account the holding of its affiliates) owned 10,526,313 shares with voting rights, representing 4. In Singapore, a private company with a corporate shareholder (parent company) will be registered as a "PRIVATE COMPANY LIMITED BY SHARES" as opposed to "EXEMPT PRIVATE COMPANY LIMITED BY SHARES". 8% of CapitaLand’s shares, will increase its holding to 51%. Login. 37 on 20 February 2024 For context, Temasek chalked up an 8% annual return over the past 20 years and is well-known not just for its steady and consistent investment strategy but also for its eye for strong businesses. They acquired Element Materials Technology for $7B. gategroup Holding AG today announced that Temasek has converted its mandatory exchangeable bond and acquired additional shares resulting in a 50% stake in gategroup. 37 on 20 February 2024 Temasek has been targeting minority stakes and helping Indian companies to grow from there, largely eschewing the trend of taking majority holdings in firms based in the world’s most populous country. of shares %¹ 1 capitaland group pte. : S58 | Singapore S. Supported by affiliates and offices around Asia, it manages a diversified S$129 Minority shareholders of Singapore's main rail operator SMRT Corp Ltd <SMRT. 93 million for 403,100 shares. 3% . l. 7 B as of Q3 2024. Temasek Holdings (Private) Ltd 13F Portfolio Filings Most recent 13F Q3 2024. Its intention is not to increase its holding but to delist the company and take it private. 44%, Malaysia Focus Investment 4. It has a corporate credit rating of AAA/Aaa by rating agencies Standard & Poor's and Moody's respectively. Temasek Holdings (Private) Limited (“Temasek”). The share issue is subject to Temasek Holdings Private Limited (abbreviated as Temasek) is a stateowned holding company that can be characterized as a National Wealth Fund owned by the Government of Singapore. Ltd. 1 Headquartered in Singapore, the company covers a broad spectrum of investments in industries such as financial services, telecommunications, media and Temasek had a difficult 2022 overall, reporting a negative 5% one-year return to shareholders for the fiscal year ending March 31—the investment company’s worst results since 2016. However, even with the Since our incorporation in 1974, Temasek has transformed from a Singapore holding company into a global investment company. Consumer Banking/ Wealth Temasek Holdings: Accountability, Investments, and Corporate Governance Practices 6 Executive Summary 8 1. Substantial shareholders No. By continuing to Our data shows that Temasek Holdings (Private) Limited is the largest shareholder with 36% of shares outstanding. 7%. The Company provides semiconductor and electronics test solutions based on the technologies, processes and customer support. It builds on the sustainability-related disclosures made as part of Temasek Review and our Task Force on Climate-related Financial Singapore Press Holdings (SPH) said on Tuesday its shareholders had approved acquisition by Cuscaden Peak, after it announced it was terminating rival bidder Keppel Corp's offer. 6 percent stake in the company to nominees of Temasek Holdings, the Singapore government's investment arm, for US$1. 31 2 citibank nominees singapore pte ltd 616,900,212 11. 8320 Senior Vice President/Manager jacintha. Corporate Governance of GLREITs 36 6. These investments are made at the discretion of our shareholder as part of their own decision as to their overall asset allocation, taking into account the Singapore Government’s liquidity needs and the long-term risk-adjusted expected returns of such shareholder Startree Investments Pte. 90/month. The sale was in response to long-standing criticisms that the Shinawatra family's holdings created a A TEMASEK Holdings firm’s stake sale agreement values U Mobile at about RM7. Didirikan pada tanggal 25 Juni 1974, Temasek memiliki dan mengelola portofolio bersih sebesar S$405 milyar hingga tahun 2021, dengan S$39 milyar didivestasi dan S$49 milyar diinvestasikan selama tahun 2021. 31 and announced the results of its annual review on Jul. , which is engaged in commercial banking and financial services, principally in Asia. Last Update: 03 December 2024 Situation as per: Share Capital: € 5. Total Shareholder Return (TSR) is a compounded and annualised measure, which includes dividends paid to our shareholder and excludes capital injections from our shareholder. As the offeror is Belford Investments Pte. On 22 December 2020, Temasek Holdings (Private) Limited ("Temasek"), the holding company of Tembusu, completed an internal restructuring in which the interest of certain fund management entities including (i) 51 per cent of the shares of FFMC Holdings Pte Ltd and (ii) all of the shares of SeaTown Holdings Pte. Singapore's state investment arm Temasek Holdings saw growth in 2024 following a drop last year. temasekholdings. It holds a stake of just over 20% in Keppel Corp. It has since made sporadic acquisitions from the open market, which according to Bloomberg data, lifted its total stake to more than 38. The state-owned investor was one of several players that bought BlackRock shares when PNC Financial Services Group Inc. We note that hedge funds don't have a meaningful investment in AEM Holdings. 07 per cent from plus 5. Stock Chart . Singapore Technologies Telemedia Pte Ltd; STT Communications Ltd . Ooredoo Q. of Shares % CapitaLand Group Pte. Anchored in Asia, our S$389 billion portfolio has 64% underlying exposure to developed economies. It is committed to maximising long-term shareholder value as an active investor and shareholder of successful enterprises. For HPH Trust, the collapse of its unit price should be triggered by both the violent Hong Kong protests and the recent exit from STI. They are now co-shareholders with RRJ Capital, who owns the remaining 50% of the company. 66 per share, raising total proceeds of S$2 billion. Read more at straitstimes. Watson. On May 21, 2024, Temasek Holdings (Private) Limited (taking into account the holding of its affiliates) owned 10,526,313 shares with voting rights, representing 4. 94 Temasek Holdings (Private) Limited 284,145,301 11. Temasek Holdings ("Temasek") confirmed today that it is investing £975 million (approximately S$3 billion) in Barclays PLC ("Barclays") via its newly issued shares at a price of £7. About Temasek Holdings. 98 3 dbsn services pte. Temasek Holdings does not invest in all of the listed Singapore companies and this is evident from the pooled average shareholding of 47. 1% Stock Symbol. Its Net Portfolio Value (NPV) also hit a record of S$381 billion, an increase of S$75 billion. Financed by government reserves, it has a portfolio of nearly $306 billion and Temasek, a company wholly-owned by the Minister for Finance, is deemed to be interested in all the ordinary shares held by Maju. 4 million at S$1. ("AMH"), a subsidiary of Singapore Technologies Telemedia Pte Ltd ("ST Telemedia"), is a mobile NEW YORK (REUTERS) - Singapore’s investment company Temasek added new positions in a number of consumer-focused companies including ride-hailing and food delivery company Grab during the quarter Temasek Holdings, through its unit Duxton Investments Pte Ltd, holds the remaining 49% in Vertical Theme. Major STE shareholder Temasek Holdings has indicated that it will vote in favour of this transaction. Number of Investments 573. 46%. Their most recent acquisition was Element Materials Technology on Jan 23, 2022. Still, it Total shareholder return for Temasek since its inception in 1974 has been more than 18% compounded annually. The statutory consolidated financial statements for the financial years ended 31 March 2002 to (Bloomberg) -- Singapore’s Temasek Holdings has become one of the largest shareholders of BlackRock Inc. Our shareholder holds the Board accountable for our overall performance by assessing Temasek's long-term returns. OIH Investment LLC Nippon Telegraph and Telephone Corporation NTT Communications Corporation : Notes: (1) Temasek Holdings (Private) Limited (Temasek) is Temasek's journey has been driven by a sense of purpose to do well, do right, and do good – so every generation prospers. This equates to approximately 5,133,360 shares, valued at around $4. It is neither a government agency nor a statutory board. 2,693,106,549 53. Incorporated in 1974, Temasek Holdings is an Asia investment firm headquartered in Singapore. TAN Chee Meng Director. Contacts Jacintha Poh +65. Joseph Huang Chief Strategy Officer E. 60: 2 CITIBANK NOMINEES SINGAPORE PTE LTD: 156,049,136 Temasek Holdings (Private) Limited (Temasek). That works out to an average of $3. 420,235,383 8. The completion of this investment is subject to customary closing conditions. 21 4 hsbc (singapore) nominees pte ltd 277,101,990 5. Keywords Investment funds, Corporate governance, Emerging markets, Shareholders, Singapore Paper type Case study Introduction Temasek is a private firm, wholly owned by the Singapore Government, which was formed as an investment holding concern to own and manage the State's equity investments in local firms. 04 2,693,106,549 53. Number Temasek Holdings is a major shareholder in both HPH Trust and Asian Pay TV Trust. No. The creation of Temasek [] served to separate the regulatory and policy making Temasek Holdings is an investment holding company incorporated on 25 June 1974 under the Singapore Companies Act to manage the Singapore government’s investments in government-linked companies (GLCs). TAN Chee Meng Director (since January 2022) Deputy Chairman, WongPartnership LLP; Appointed Senior Counsel (2006) Specialist Judge, 2006-2008; Singapore Public Service Temasek Holdings (Private) Limited (“Temasek”) confirms that it has signed definitive investment agreements, via its wholly-owned investment holding subsidiary Lentor Investments Pte. com. Share Price (SGD) (for 12 months ending 30 September 2024) High 7. To foster a strong sense of corporate governance and business excellence, Temasek regularly engages Temasek Holdings is a Singapore-based investment holding company founded in 1974. ” The transaction is expected to complete by Q1 2025, subject to regulatory approvals. Back in August 2021, Venezio acquired 26. Established in 1974, Temasek manages a diversified global SATS Ltd. 05. We are owners of our portfolio, working to deliver long-term sustainable returns and making a difference in what we do. 02 for 1,416,900 shares. (“RPH”), a holding company wholly owned by Remo Ruffini, communicates that today, in the context of the transaction aimed at DBS Group Holdings is not owned by hedge funds. ##END## Notes to editors. Temasek Holdings. The Value-Add of a Temasek Holdings-Style Company for Indonesia 1. TCS provides customized system solutions involving The Financial Times article “ Temasek on deal hunt to boost returns for Singapore ” (1 July 2024) contains several inaccuracies and misperceptions about Temasek. With this investment, Temasek has increased its exposure to the consumer retail sector, with a balanced focus on a Temasek Holdings (Private) Limited yoki oddiygina Temasek – Singapur hukumatiga tegishli boʻlgan Singapur davlat xolding kompaniyasi. [13] In July 2018, RRJ Capita invested around $1. According to one commentator, the top listed GLCs in which Temasek is a shareholder have greater board We are the auditors of Temasek Holdings (Private) Limited (“Temasek”). of Shares Substantial Shareholders Direct Interest Deemed Interest Temasek Holdings (Private) Limited - 494,865,681 (1) Singapore Telecommunications Limited 494,000,000 - Shareholders YISSUM Established in 1964, Yissum is the technology transfer company responsible for protecting and commercializing the intellectual property developed at the Hebrew University of Jerusalem. 88 billion. For media enquiries, please contact: Mark Lee Director, Temasek is pleased to have been a significant shareholder in PT Bank Danamon Indonesia (Danamon) since 2003*, some 14 years ago. C. What are Temasek Holdings subsidiaries? GenZero, Xora Innovation, and Pavilion Capital are subsidiaries of Temasek Holdings. The Scheme will require inter alia (a) the approval of the Scheme by a majority in number of Scheme Shareholders present and voting, either in person or by proxy, 中文版 . 07%, which should come as no surprise given the challenges in the global markets, Temasek Holdings (Private) Ltd reported 121 holdings with total value $24. Its segments include Test Cell Solutions (TCS), Instrumentation (INS) and Contract Manufacturing (CM). The share offering was carried out in conjunction with a simultaneous offering of exchangeable notes. Sun Financial Holding Co. Singapore state-owned investment company Temasek has led the latest funding round for climate tech firm Tembusu Capital Pte. . 04 billion. Find out more about the individuals, initiatives, and pivotal moments that have shaped The effects of adoption of IFRS 9 were recognised in the shareholder equity as at 1 April 2018. 458,899,869 17. [1] [4] Total shareholder return (TSR) tahunan Shareholders. Temasek was founded in 1974, originally formed as an outlet for the infrastructure and economic investments by the Singapore Government. 63 *10,001 – 1,000,000 Percentage is calculated based on the total number of issued ordinary shares, excluding treasury shares 1. of shares held %* 1 VENEZIO INVESTMENTS PTE. S. Temasek Trust, established by Temasek Holdings, is a steward of philanthropic assets, advocate of sustainability and catalyst of positive impact. sg. It also released its fiscal 2021 first half (1H2021) earnings at the same time. Didirikan pada tanggal 25 Juni 1974, Temasek memiliki dan mengelola portofolio bersih sebesar S$405 milyar hingga tahun 2021, dengan S$39 milyar didivestasi dan S$49 milyar diinvestasikan selama tahun 2021. The most recent transaction was on April 12, when Temasek, via a subsidiary called Venezio, paid $1. Based in Singapore, this company has one sole shareholder; the Singaporean government. Established in 1974, it manages a diversified global portfolio of S$90 billion, spanning Singapore, Asia and the OECD “We appreciate the support of our shareholder, Temasek, and are proud of the contributions of our employees, who have helped Pavilion Energy grow its platform. Temasek's shareholding in SingTel is 56. As of 31 March 2023, Temasek Shareholders: Singapore Airlines Limited Name Equities % Valuation; Temasek Holdings Pte Ltd. , each previously held by a wholly owned subsidiary of Temasek, On 23 January 2006, the Shinawatra family sold its 49. As a result, Temasek Holdings 's most notable exits include Veeam Software, Rent the Runway, and SES. Together, we contribute to the uplifting of the communities in which we operate. Keppel Ltd. com DBS Group Holdings Ltd is an investment holding company. The About Temasek Holdings Temasek Holdings is an Asia investment house headquartered in Singapore. 67%. 93 * Percentage is calculated based on the total number of issued ordinary shares, excluding treasury shares 1. Commemorating 50 years of Resilience, Growth, and Purpose. Temasek operates as an active shareholder and investor, and its investments activities are guided by four central themes – transforming economies, growing middle income populations, deepening comparative advantages and emerging champions. 04 Since the late 1970s, Singapore has been an important policy reference for China. In its latest FY2023 Temasek Review Report, Temasek reported a New Portfolio Value of S$382 billion. ltd. ) limited 319,107,347 6. 2bn) merger with Ascendas-Singapore on Friday. Dividends. Temasek Holdings (Private) Limited Singapore Technologies Telemedia Pte Ltd STT Communications Ltd Asia Mobile Holding Company Pte. 999. Grab Holdings Limited: Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Nasdaq: GRAB | Nasdaq Temasek Holdings (Private) Limited (Temasek) is an investment company headquartered in Singapore. Danamon has grown significantly alongside Indonesia, led by its management and under the stewardship of its board. Ruffini Partecipazioni Holding S. 05 a share over the last 6 months. ² Temasek Holdings (Private) Limited is deemed interested in 8,979,415 shares in which its subsidiaries and associated companies have direct or deemed interests. By continuing to browse the site you are agreeing to our use of cookies. Temasek’s consolidated financial information as at and for the financial years ended 31 March 2022 to 2024 included in this presentation have been prepared in accordance with both International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board and Singapore Financial Reporting Standards (International). Singapore. Criticisms of the sale focused on the insistence by Thaksin and a To-date, Temasek has given its shareholder a total return of more than 16% compounded annually over the last 30 years, based on dividend flow and growth in shareholders' funds. 82% and Medimetro Sdn Bhd 3. This defines when and where we invest, who and what we are, and why and how we engage with our stakeholders, including our portfolio companies, shareholder, employees, Temasek Holdings has invested in or acquired companies like Rebel Foods, Udenyca, and Partior. Core areas include digitization, consumption and sustainable living, according to Shrivastav. 16 per new share. Top Shareholders. As a Company Limited by Guarantee, TT provides governance and financial oversight of non-profit endowments and gifts from Temasek and other donors. It is a creature of the Both the Ministry of Finance, as the sole shareholder of Temasek and Temasek, as a shareholder in its GLCs, adopt a defensive governance approach. SIA. of Shares % 4No. 5 billion. 91 * Percentage is calculated based on the total number of issued ordinary shares, excluding treasury shares 1. Singapore, 21 March 2014 – Singapore investment company Temasek has agreed to invest US$5. With this transaction, Temasek’s stake in AEM has increased to nearly 37. 0% of the Rights Issue. For further information on Temasek, please visit www. Along with our Singapore headquarters, Investment by Shareholder in Temasek’s Shares. 03 to S$2. 9858 each. poh@moodys. Net Portfolio Value of S$389 billion as at 31 Temasek’s portfolio provides a steady cash flow of dividends and distributions. 8477 each. Subsidiaries. Still, it Maju Holdings Pte. For context, Temasek chalked up an 8% annual return over the past 20 years and is well-known not just for its steady and consistent investment strategy but also for its eye for strong businesses. Our shareholder, the Minister for Finance, may invest in Temasek's shares. In 2010, we embarked on our strategy to be Relating to Our Shareholder. Top holdings included BLK, V, MA, NVDA, and AMZN. What we did not expect was that Temasek Holdings, a Singapore investment company that invests in a mix of listed and unlisted businesses, would show an interest in the group. Temasek, a company wholly-owned by Meanwhile, AEM’s largest shareholder remains Venezio, a subsidiary of Temasek Holdings. (“Maju”) is a Temasek Holdings (Private) Limited, atau hanya Temasek, adalah sebuah badan usaha milik negara Singapura. Investments . 5% in a year marked by the COVID-19 pandemic. Temasek Holdings, owned by the Government of Singapore, possesses a 3. 4% owned by Temasek Holdings. Content of the notification; Reason for the notification. 2% and 2. The controlling shareholders will be diluted to 28% following the issuance of new shares to Temasek. Assets Under Management (AUM) businesses that have about S$83 billion of AUM and provide products like private equity, private credit, public market investing, and capital solutions; includes firms such as Seviora Holdings, Pavilion Capital, and Vertex Holdings. According to MOF, Temasek is an active, value-oriented equity investor that aims to maximise shareholder value over the long term. O>, which is developing an experimental vaccine against the coronavirus Singapore government-owned fund Temasek Holdings has become the majority shareholder in India's leading hospital chain Manipal Hospitals by acquiring an additional 33 per cent stake, according to an Economic Times report. 05 * Percentage is calculated based on the total number of issued ordinary shares, excluding treasury shares 1. 95% equity stake in A. [1] The company has since expanded its operations to cover key areas of business in sectors such as telecommunications, media, financial services, energy, infrastructure, About Temasek Holdings. Temasek is a company incorporated in Singapore, and operates under the provisions of the Singapore Companies Act. Future Research 40 8. 719: Azelis Group NV 26 March 2024: Securities carrying voting rights (shares) 413. See also: Singapore Shipping Corporation’s executive chairman ups stake to 43. 1 The key features of Temasek Holdings Temasek Holdings is an investment company owned by the Government of Sin-gapore. 3 billion in companies owned by HNA Group. ("Lentor"), with China Eastern Airlines Corporation Limited ("CEA"), China Eastern Air Holding Company ("CEA Holding") and Singapore Airlines Limited ("SIA") for its Temasek Holdings (Private) Limited (“Temasek”). As a shareholder of NatSteel, Temasek notes that the market value of the company has increased from about S$600. (Startree), an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited (Temasek), provided an irrevocable undertaking to Sembcorp Marine to subscribe for its pro rata entitlement and Excess Rights Shares such that its total subscription would be no more than 67. Temasek is a recognized, SINGAPORE: Singapore's Temasek Holdings is finalising the sale of some assets from liquefied natural gas (LNG) trading firm Pavilion Energy to Shell with a deal set to be completed in the coming (Bloomberg) -- Singapore’s Temasek Holdings has become one of the largest shareholders of BlackRock Inc. 81 per cent a year ago. tw Serene Lee Associate Director, Corporate Communications Temasek Holdings (Private) Limited Tel: (65) 6828 6765 Mobile: (65) 9692 0918 Email: Temasek Holdings (Private) Limited 284,145,301 465,846,940 749,992,241 29. The sale was in response to long-standing criticisms that the Shinawatra family's holdings created a conflict of interest for Thai Prime Minister Thaksin Shinawatra. Listed and Traded. esunbank. Trading interest in Seatrium has been consistently high. The Company operates through its subsidiary, DBS Bank Ltd. Revenue ; Cost of sales; Gross profit; Other income; Expenses: Selling & Distribution; Administrative; Finance; Other expenses; Profit gategroup Holding AG, the world’s largest provider of airline catering and retail on board, is pleased to announce that RRJ Capital has completed the acquisition of all outstanding shares in gategroup from HNA Group. Acquisition or disposal of voting securities or voting Last year shareholders raised concerns after the property assets of Singapore Press Holdings became the target of two takeover bids from Temasek-linked entities, which were separated in value by S Temasek Holdings (Private) Limited Singapore Technologies Telemedia Pte Ltd STT Communications Ltd Asia Mobile Holding Company Pte. – – 2,693,106,549 1 53. Though its one-year Total Shareholder Return (TSR) was -5. Public Shareholders 3 TSR by shareholder equity takes into account the underlying profitability of our portfolio companies, realised returns from our investment activities, dividends we paid, and nets off any new investments made by our shareholder in Temasek Holdings is a state-owned company that manages an investment fund on behalf of the Government of Singapore. Our TSR over different time periods are a snapshot of our performance, with the longer time periods being more representative of our performance as a long term investor. Mainboard on Singapore Stock Exchange. At the same time, Moody's has affirmed the following ratings of borrowings and programs guaranteed by Temasek:-- Temasek Financial (I) Limited, Aaa senior unsecured rating on bonds and (P)Aaa rating on the USD25 billion guaranteed senior unsecured global medium-term note (MTN) program In November 2014, RRJ Capital and Temasek Holdings purchased $1 billion of convertible notes issued by Houston-based Cheniere Energy Inc. 2,693,106,549 52. à r. Our TSR over short, medium, and long time periods are a snapshot of our performance. At the same time, Moody's has affirmed the following ratings of borrowings and programs guaranteed by Temasek:-- Temasek Financial (I) Limited, Aaa senior unsecured rating on bonds and (P)Aaa rating on the USD25 billion guaranteed senior unsecured global medium-term note (MTN) program company, Temasek Holdings was founded on the philosophy of managing for long-term value. Total Shareholder Return (TSR) is a compounded and annualised measure, which includes dividends paid to our shareholder and excludes investments made by our shareholder in Temasek’s shares. Discover how our experts ensure you’re getting the most accurate financial data in the industry. 20 per share, representing 2. Meet our data hygiene team. ) limited 271,526,163 5. 46% stake in BlackRock. P. 1 per cent of Barclays' existing issued share capital. Board Of Directors. Temasek Review Commemorating 50 Years Stories Contact Us En 中文 This site uses cookies. (“Maju”) is a A meeting of the shareholders of SMRT (other than Temasek) (“Scheme Shareholders”) will be convened pursuant to an order of the High Court of Singapore (the “Scheme Meeting”). 2. We know the principle of managing for value must remain a constant, as must our values of integrity and excellence. 6398. ("Akita I") 21 May DBS Group Holdings Ltd is an investment holding company. Public Shareholders Based on the information available to the Company as at 3 March 2022, approximately 78% of the issued shares of the Company is held by Temasek Holdings is a Singapore-based investment holding company founded in 1974. sold a US$14 billion stake this year, Temasek Holdings (Private) Limited Singapore Technologies Telemedia Pte Ltd STT Communications Ltd Asia Mobile Holding Company Pte. As at 31 Mar 2023, 47% of S$382b (US$287b5) portfolio was in liquid and listed assets. (“Startree” or the “Offeror”), an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited, today announced a mandatory conditional general cash offer to acquire all the issued and paid-up ordinary shares IEPL is a wholly owned subsidiary of International Development and Consultancy Corporation Pte Ltd ("Indeco"), which in turn is 96. Temasek Holdings ("Temasek") today announced the signing of a Share Purchase Agreement with SinoSing Power Pte Ltd ("SinoSing"), a wholly-owned subsidiary of China Huaneng Group ("China Huaneng"), a leading power company based in the People's Republic of China, for the 100% sale of Temasek's wholly-owned Tuas Power Ltd Temasek Holdings (Private) Limited Singapore Technologies Telemedia Pte Ltd STT Communications Ltd Asia Mobile Holding Company Pte. Temasek has had an overall corporate credit rating of "AAA" by Moody’s Investors Service and "AAA" by S&P Global Ratings since our inaugural rating in 2004. Consumer Banking/ Wealth Temasek Holdings is pleased that 98 Holdings has raised its offer price for NatSteel from S$2. Temasek Holdings – 5,133,360 – 3. The other substantial shareholders of AFG are Malaysia’s Employee Provident Fund 16. after it added a 3. The company operates on commercial principles with the aim to deliver sustainable returns over the long term. 08 4 raffles nominees (pte. Like any other commercial company, Temasek pays taxes that contributes to government revenue in the countries it operates in, distributes dividends to its shareholder and has its own board of SGX:AWX Earnings and Revenue Growth January 4th 2023. Does Temasek pay dividends to its shareholder? Does the shareholder inject capital into Temasek? Do the financials in the Temasek Review and Offering Circular reflect Temasek’s performance as an investment company? Does Temasek Holdings (Private) Ltd reported 121 holdings with total value $24. American Depository Receipts . Meanwhile, the second and third largest shareholders to enhance shareholder value and advocate good governance practices. Incorporated in 1974, Temasek owns and manages a net portfolio of S242 billion (US180 billion as of 31 March 2016), Alchetron . Edit Investments Section. nfhxkqfxpuuddcwskakkfuuopasmbhmyscktetynqwqdlrzhmhmc