Who is the owner of Temasek Holdings?
Who is the owner of Temasek Holdings?
Who is Temasek’s shareholder? Temasek’s sole shareholder is the Singapore Minister for Finance1. Footnotes: Under the Singapore Minister for Finance (Incorporation) Act 1959, the Minister for Finance is a body corporate.
Who named Temasek?
The origin of the name Temasek is uncertain, but it has been proposed that it was derived from the Malay word tasik meaning “lake” or “sea”, and may mean here “place surrounded by the sea”, or Sea Town. Another suggestion is that it may be a reference to a king of Srivijaya, Maharaja Tan ma sa na ho. The name appears …
Did Temasek invest in FTX?
We invested in FTX over the course of October 2021 to January 2022. We invested US$210 million in FTX International for a minority stake of ~1%, and US$65 million in FTX US for a minority stake of ~1.5%.
How much did Temasek invest in Grab?
It was the Singapore government investment fund Temasek Holdings that had agreed to finance US$10 million into GrabTaxi. In the same year, the company moved its headquarter from Malaysia to Singapore. Founder Anthony Tan took up Singaporean citizenship shortly after.
Is Temasek a Chinese company?
Temasek Holdings (Private) Limited, or simply Temasek, is a Singaporean state holding company owned by the Government of Singapore. Incorporated on 25 June 1974, Temasek owns and manages a total of US$496.59 billion (S$671 billion) in assets under management (AUM) as of December 2022.
Why is Temasek so successful?
Temasek invests in industries and companies that are plugged into long-term trends shaping the world, Maheshwari said. We’re living in a technologically driven society, where digitization and new breakthroughs connect us all in new ways, he said.
