Singapore's Temasek reports preliminary portfolio value of S$306b as at end March, 2020
Tuesday, 21 Jul 2020 12:19 PM MYT
The investment firm said its preliminary NPV of S$306 billion, had tripled over 16 years, up from S$90 billion as at March 31, 2004. The final audited performance was expected to be finalised in September, due to delays in receipt of the audited results of companies and associates in the Temasek portfolio.
However, he said: “We may see investors sharpen their focus in some areas, like digitalisation and healthcare.” It noted that it also stands ready to invest in opportunities arising from volatile market conditions during and post Covid-19 recovery.
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