
	Where results make sense

Topic: Temasek

Related Topics

Temasek Holdings

College Station

Anuradhapura

Singapore

History of Singapore

Thomas Stamford Raffles

Lee Hsien Loong

Archaeology

Srivijaya

Tamil people

Jeff Weeks

1200

History of Malaysia

Benjamin Sheares

1401

In the News (Tue 1 Dec 09)

Northern Trust

Marvin Harrison

Peter Chernin

Gary Locke

Match Play

Penelope Cruz

Mickey Rourke

AR Rahman

Danny Boyle

Hugh Jackman

	Temasek - Wikipedia, the free encyclopedia
		By the emergence of Temasek as a fortified city and trading centre 14th century, the Srivijaya empire was in a long period of decline.
		Today Temasek Holdings, one of the Singapore Government's investment companies, is named after the city of Temasek.
		The Republic's two most important honours are titled The Star of Temasek (Bintang Temasek in Malay, for acts of exceptional courage and skill or exhibited conspicuous devotion to duty in circumstances of extreme danger) and the Order of Temasek (Darjah Utama Temasek, for outstanding and exceptional contributions to the country).
	en.wikipedia.org /wiki/Temasek (432 words)

	Temasek Holdings - Wikipedia, the free encyclopedia
		NIB is Temasek's sole investment in Pakistan, whose economy grew by 8.35% in the last fiscal year ending June 30; the fastest growth rate in 20 years.
		On August 24, 2005, there was rumour that Temasek Holdings may double its investment in China Construction Bank to $2.4 billion as part of a plan to expand overseas and cut shareholdings in Singapore's slower-growing economy, people familiar with the proposal said.
		Temasek is said to be demanding warranties against a sudden deterioration in the finances of the state lender.
	en.wikipedia.org /wiki/Temasek_Holdings (3237 words)

	Businessworld: On the prowl (Site not responding. Last check: 2007-11-01)
		Temasek, on the other hand, was born with a clear purpose: to act as the Singapore government's investment arm.
		Yet, Temasek came in for criticism from minority investors for not ensuring management accountability where it was the majority shareholder.
		Temasek and co-investor Newbridge decided to invest $127 million in Matrix at a price-earning multiple of 15 against the sector average of 6-7 in December 2003.
	www.businessworld.in /aug0904/indepth01.asp (1909 words)

	Temasek roars as India shines
		Temasek is picking up 7.73 per cent in the pharma outfit for $38.4 million, in conjunction with US-based Newbridge Capital, which has picked up a similar amount.
		Temasek is cautious about revealing specific details but it has, for the first time, talked about the broad directions it will take in the future.
		Temasek is, of course, foraying to foreign shores so that it can keep up the high returns on investment that it has always given shareholders.
	www.rediff.com /money/2004/apr/03spec.htm (2093 words)

	Asia Times Online :: Southeast Asia news - Temasek's undue diligence
		Temasek is currently a major shareholder in Malaysia Plantations Bhd, which is the sole owner of Alliance Bank, Malaysia's ninth-largest financial institution.
		Temasek officials at the time explained that it is not a government-directed policy agency, and that Temasek makes investment decisions on strictly commercial grounds.
		Temasek's lack of transparency and its general aversion to press interviews have only added fuel to the fire of the nationalistic backlash its aggressive investment strategies are starting to cause across the region.
	www.atimes.com /atimes/Southeast_Asia/HF17Ae03.html (1088 words)

	Untangling Temasek: FEER
		But since Temasek was formed in 1974, its holdings have penetrated every key segment of the economy from ports, telecoms, stockbroking and shipping to power, food, the media, logistics, airlines, engineering, property, healthcare, education and even zoos and aviaries.
		When Ho unveiled Temasek's new Charter, she sent a signal that while she was willing to dispose of some noncore businesses, she wanted to retain control of companies considered strategic or with potential for international expansion.
		The Charter noted that Temasek would retain control of companies it deemed critical to the economy, such as the airport, seaport and utilities, but was willing to dilute interests in other sectors or even divest holdings in companies which have no potential to grow beyond Singapore.
	www.singapore-window.org /sw02/021107fe.htm (2168 words)

	Temasek: The Perils of Being Singaporean: Far Eastern Economic Review
		Temasek officials assert that it is not “a government-directed policy agency,” and that “Temasek-linked companies receive no favors from the government.” The companies make their own investment and business decisions based on their best interests, they often say.
		Temasek’s net profit last year was $4.8 billion on group revenue of $43.4 billion and an asset base of $125.5 billion.
		Temasek has not been able to convince Indian regulators that it is independent from GIC or the Singapore government.
	www.singapore-window.org /sw06/0605FEER.HTM (1546 words)

	Let Temasek Manage CPF Funds - Sintercom
		Temasek should be one such options if the CPF members wish to look back to this government-related company to manage a part of their retirement eggs.
		Temasek's total shareholder return by market value over the most recent three year period was a compound annual return of 28 per cent compared with 18 per cent over the 32 years since its inception.
		Temasek chairman S Dhanabalan said the financial services sector 'provides a broad-based exposure to Asian emerging economies', while the telecoms sector 'is a proxy for the rising middle class in Asia'.
	www.newsintercom.org /?itemid=187 (11671 words)

	Singapore Election Watch: Temasek brings bad name to Singapore
		Temasek argued unsuccessfully that SingTel and ST Telemedia were separate entities in spite of having common ownership.
		Many of Temasek's deals have a strong whiff of national interest about them and Temasek's forays abroad come as Singapore's political leaders worry their developed but tiny economy is maturing, exhorting its business community to secure the city-state's future offshore.
		Temasek - headed by Ho Ching, whose husband is the prime minister - generated S$12.5 billion in cash from its operations in its last financial year, and paid an average annual cash dividend yield of more than 7 per cent.
	singaporeelection.blogspot.com /2006/03/temasek-brings-bad-name-to-singapore.html (2084 words)

	Temasek's $5.6b snares UK bank stake - Business - Business - smh.com.au
		Temasek will now have stakes in at least 10 lenders in Asia outside Japan, where the International Monetary Fund forecasts economic expansion of 6.9 per cent this year will outpace the global rate of 4.3 per cent.
		Temasek's chief executive officer, Ho Ching, married to Singapore's Prime Minister Lee Hsien Loong, is betting on the region's growth, cutting holdings at home to invest more of Temasek's $US63 billion of assets overseas.
		Temasek bought 5 per cent of Bank of China and 5.1 per cent of China Construction Bank, the nation's second and third biggest lenders.
	www.smh.com.au /news/business/temaseks-56b-snares-uk-bank-stake/2006/03/28/1143441150294.html' (536 words)

	This was the weekend for a Malaysian / Singaporean food fix
		Temasek in Parramatta has won “Best Malaysian Restaurant” so often that it is now advisable to book.
		A large, bright space with lots of posters and umbrellas proclaiming the virtues of Singapore on every wall; it is noisy, bustling and full of families with kids.
		Temasek is the traditional name for Singapore and this place is most definitely Singaporean.
	www.classic.com.au /wizard/Temasek.htm (263 words)

	AsiaMedia :: SINGAPORE: Temasek companies to face more issues over parentage
		Temasek indirectly controls Malaysia's Alliance Bank and is therefore required to seek central bank approval before it can buy more than 5 per cent of another Malaysian bank.
		And Temasek is well aware of the challenges, going by an internal document prepared by Temasek to coach its executives on how to handle questions from media over its purchase of a 12 per cent stake in Britain's Standard Chartered Bank (Stanchart).
		Temasek's standard response is that the parent and TLCs are separate entities run independently.
	www.asiamedia.ucla.edu /article-southeastasia.asp?parentid=41892 (983 words)

	The Raw Story \| Temasek makes its largest investment in Japan
		Singapore- Temasek Holdings has made its largest investment in Japan with a 272-million-Singapore-dollar (172-million-US-dollar) purchase of a 4.6 per cent stake in Mitsui Life Insurance, news report said on Friday.
		Temasek has only started looking at Japan, it said in a published statement.
		As of March 31 last year, Temasek had 103 billion Singapore dollars (660 million US dollars) worth of investments in its portfolio.
	rawstory.com /news/2006/Temasek_makes_its_largest_investmen_08222006.html (130 words)

	yax-559 Is the Temasek-Shin Corp deal a loser?
		It may also mean that Temasek might have expected its ownership of AIS to be treated with the same unconcern.
		Temasek may also be uninterested in holding on to this too.
		Temasek also made a voluntary general offer for the rest of AIS shares.
	www.yawningbread.org /arch_2006/yax-559.htm (2993 words)

	Temasek to boost returns in China
		Temasek Holdings Pte, the largest overseas shareholder in Chinese banks, plans to add to its more than S$8 billion (US$5.1 billion) of investments in the country, reducing reliance on its home market of Singapore.
		Temasek, founded in 1974 to nurture the development of Singapore companies, has in the past four years invested in at least a dozen Chinese companies, buying 4.65 per cent of Bank of China, the nation's No 2 lender, and 5.9 per cent of China Construction Bank, the third biggest.
		Temasek's unrealized gains from its banking investments have surged as bank shares have risen.
	www.chinadaily.com.cn /bizchina/2006-09/05/content_681866.htm (587 words)

	Asean News Network: Temasek document discusses StanChart intentions (Site not responding. Last check: 2007-11-01)
		A Temasek document, entitled "2006-03 Taurus Q&As" - which was designed to help its executives answer media enquiries on its 12% stake in Standard Chartered - was yesterday sent as an email attachment to some journalists instead of another file.
		Given that Temasek has rarely done Q&As with the media, the exercise represents a somewhat unique insight into what the Singapore state investment agency currently perceives its perceptional issues are and its own stance on these issues.
		The Financial Supervisory Commission in Korea has said that Temasek is classified as a non-banking group in Korea which means its ownership in any domestic bank is limited to 10%.
	aseannewsnetwork.com /2006/04/temasek-document-discusses-stanchart.html (4425 words)

	Temasek's Relief Efforts in Asia's Tsunami Disaster
		Temasek is committed to a multi-pronged approach to support the relief, recovery and reconstruction efforts.
		Temasek has been working with the Singapore Red Cross, Mercy Relief and NTUC Fairprice to support their effort to send food, water and medical supplies to victims in the affected countries in the region.
		Temasek is also partnering Hyflux, a company specializing in water-related technology, to supply water generation as well as water purification systems to Aceh.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-06-2005/0002772882&EDATE= (940 words)

	AsiaMedia :: SINGAPORE: Temasek tries to lift public image
		Temasek's purchase of shares in Thai telecom giant Shin Corp from the family of outgoing prime minister Thaksin Shinawatra for US$1.9 billion triggered a political crisis that forced Mr Thaksin to announce that he would step down.
		In a separate incident, Temasek accidentally released last week a revealing in dhternal document meant to give its executives and spokespersons guidelines on how to respond to media queries on a number of sensitive issues.
		Temasek spokeswoman Eva Ho confirmed the appointment and said the new official's primary focus would be to ''effectively manage our communications with our stakeholders, both public and media, in the markets we operate in''.
	www.asiamedia.ucla.edu /article-southeastasia.asp?parentid=42514 (402 words)

	Temasek buys stake in Asia-focused UK bank - Banking Business Review
		Temasek Holdings has agreed to buy 152.4 million ordinary shares in the bank, which makes about two thirds of its earnings in Asia, from the estate of the late investor Tan Sri Khoo Teck Puat.
		Temasek said that the bank is well-positioned to capture growth in Asian markets.
		Mr Simon Israel, executive director designate of Temasek, said: "we will continue to support the company in their quest to deliver sustainable shareholder value." The company's managing director for investments added that the stake purchase is consistent with the company's strategy of investing in Asia's financial services sector.
	www.banking-business-review.com /article_news_print.asp?guid=BF314BB7-0D41-411D-8385-A75AA6D3C7D0 (258 words)

	Jet woos Temasek for stake sale talks
		A Temasek Holdings spokesperson in Singapore said: "We are open to opportunities which make commercial sense." According to current policy, private domestic airlines can have up to 40 per cent foreign equity participation.
		Other industry sources, however, said Temasek cannot be allowed to hold stake in Jet under the existing policy.
		Temasek had made an aborted bid a few years ago to set up a domestic airline company with the Tata group.
	inhome.rediff.com /money/2004/jun/19jet.htm?zcc=rl (424 words)

	Bloomberg.com: Asia (Site not responding. Last check: 2007-11-01)
		Temasek, set up in 1974 to nurture industries from banking to technology, said the developer is ``commercially interesting.'' United Overseas Bank's sale of the stake, required by central bank rules, may weaken the cross-shareholdings through which bank Chairman Wee Cho Yaw controls the city's second- largest lender.
		Temasek said its offer is higher than the developer's closing price in the past seven years.
		Temasek, which is a unit of Singapore's Finance Ministry, has about S$100 billion in assets and controls seven of the 10 biggest publicly traded companies in the city-state.
	quote.bloomberg.com /apps/news?pid=10000080&refer=asia&sid=as03cXkJO.JA (885 words)

	Asean News Network: Temasek Holdings (Site not responding. Last check: 2007-11-01)
		Prior to the incorporation of Temasek Holdings in 1974, these stakes were held at first by the Minister for Finance (Incorporated).
		In addition to Temasek, the government of Singapore has one other investment arm, the Government of Singapore Investment Corp. (GIC), which invests primarily the governments foreign reserves.
		Temasek Holdings has bought a stake in Mahindra & Mahindra - India's biggest maker of sport utility vehicles and tractors.
	www.aseannewsnetwork.com /2005/03/temasek-holdings.html (743 words)

	Temasek seeks CAO court details (Site not responding. Last check: 2007-11-01)
		Temasek’s Ho declined to confirm that the talks had taken place or comment on whether the discussions are ongoing.
		Temasek, which has $55 billion of assets including a stake of less than 2 percent in China Aviation Oil, also requested details on a summons against China Aviation Oil and its parent, by Satya Capital court documents showed.
		Temasek, set up in 1974 to promote Singapore industries, plans to increase the proportion of its overseas investments to about two-thirds in the next decade from about half, the company said in its annual report.
	www.pwcglobal.com /Extweb/ncinthenews.nsf/docid/AD70DD98F3CE32DACA257142002C89F1 (541 words)

	Asean News Network: Temasek document discusses StanChart intentions (Site not responding. Last check: 2007-11-01)
		A revealing Temasek document with 59 questions and answers outlines its position on the acquisition of the Khoo family stake in Standard Chartered and related issues about the Singapore government-owned agency.
		DBS has not been very successful in its overseas acquisitions, and so far Temasek has not been able to take significant controlling stakes in banks outside Singapore.
		Temasek’s investment in Standard Chartered will effectively turn Standard Chartered into a Singapore government-owned/linked entity.
	www.aseannewsnetwork.com /2006/04/temasek-document-discusses-stanchart.html (4425 words)

	Temasek Junior College Choir Homepage
		The Temasek Junior College Choir is one of the longest-established junior college choirs in Singapore and is one of the 12 schools under the Ministry of Education's
		The Temasek Junior College Choir has also distinguished itself on the local music scene, winning first prize in the youth choir section of the Cantata Competition of 1992 organized by the Young Musicians' Society of Singapore.
		The Temasek Junior College Choir always believes in one thing, that is bringing the beauty of music, in One Voice, One Heart and One Soul.
	www.geocities.com /Vienna/Choir/4316/page2.html (262 words)

	CNN.com - Temasek makes $1.25bn SingTel sale - Jan. 6, 2004
		Singapore's government investment arm Temasek is to raise $1.25 billion by cutting its stake in Singapore Telecommunications, Southeast Asia's largest phone company, to 61.5 percent.
		Temasek Holdings said in a statement Wednesday it would cut its stake from 67 percent by selling 391.96 million shares at S$1.95 ($1.15) each -- a 4.8 percent discount to SingTel's last traded price on Tuesday of S$2.05 -- and issuing a S$1.36 billion convertible bond.
		After the initial placement Temasek's holding in the company would fall to 65 percent and would fall to 61.5 percent if noteholders convert the notes into shares, Temasek said.
	www.cnn.com /2004/BUSINESS/01/06/singapore.singtel.reut (647 words)

	Temasek's Bharti, Idea role may come under scanner - The Economic Times (Site not responding. Last check: 2007-11-01)
		Temasek’s specific holdings in SingTel and STT were confirmed by its corporate headquarters in Singapore.
		While Temasek also confirmed that SingTel and STT are its subsidiaries, it did not clarify whether they could be classified technically and legally as associates.
		Temasek Holdings’ director (corporate communications), Eva Ho, told ET, “SingTel and STT are Temasek subsidiaries under Singapore government regulations, but I cannot comment on whether they are Temasek associates under Indian laws.
	economictimes.indiatimes.com /articleshow/1013224.cms (475 words)

Try your search on: Qwika (all wikis)