Temesak Holdings

Temasek Holdings Private Limited (abbreviated as Temasek) is a Singaporean holding company. It is owned by the Government of Singapore. Incorporated on 25 June 1974 as a Commercial Investment Company, Temasek owns and manages a net portfolio of $313 billion (as of 31 March 2019), with S$28 billion divested and S$24 billion invested during the year, and 66% exposure to Asia – 26% Singapore and 40% Asia ex-Singapore. It is an active shareholder and investor, and its investments are guided by four key themes – transforming economies, growing middle income populations, deepening comparative advantages and emerging champions. Its portfolio covers a broad spectrum of sectors including financial services, telecommunications, media and technology, transportation and industrials, life sciences and agribusiness, consumer and real estate, energy and resources, as well as multi-sector funds. Headquartered in Singapore, Temasek has a multinational team of 800 people, in 11 global offices including two offices in Beijing, and one office in each of Shanghai, Mumbai, Hanoi, London, New York, San Francisco, Mexico City, Washington, D.C., and Sao Paulo.

Temasek differs from many sovereign wealth funds because it invests mostly in equities, is the outright owner of many assets, and pays taxes like other commercial investment firms.

Temasek has credit ratings of “AAA/Aaa” by Standard & Poor's Global Ratings and Moody's Investors Service respectively since their inaugural ratings in 2004. Temasek has also attained perfect quarterly scores on the Linaburg-Maduell Transparency Index, a measure of the openness of government-owned investment funds.

Subsidiaries

 * Temasek Financial Support and Savings Bank
 * Singapore Airlines
 * CapitaLand
 * ST Engineering
 * Singtel
 * Mediacorp
 * PSA International
 * Certos Group
 * SMRT Corporation
 * Surbana Jurong
 * Vertex Venture Holdings
 * Digiland
 * Temasek Auto