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HomeNewsSingapore's national investment company Temasek releases annual report 2021 - News

Singapore’s national investment company Temasek releases annual report 2021 – News


The Temasek Holdings signal will seem at a press convention following the corporate’s annual assessment held in Singapore on July 9, 2019.

Brian van der Beek | Bloomberg | Getty Photographs

Singapore — Singapore’s state funding agency Temasek mentioned Tuesday that its portfolio’s internet worth reached a report excessive for the fiscal 12 months ending March 31.

In its annual report, traders mentioned their portfolio had grown to S $ 381 billion as of the top of March. That is in comparison with S $ 306 billion a 12 months in the past. Temasek’s portfolio has declined for the first time since 2016.

The corporate mentioned its portfolio expanded as Temasek’s one-year shareholder returns jumped to 24.53% on a Singapore greenback foundation. He added that income was 7% in 10 years and eight% in 20 years. These earnings took under consideration all dividends paid to Temasek shareholders, minus capital injections.

Temasek is owned by the Authorities of Singapore.

In the course of the fiscal 12 months, Temasek invested S $ 49 billion and offered S $ 39 billion. It is a report quantity in each respects.

Temasek is an lively fairness investor in each private and non-private areas. Initially, the corporate invested primarily in Singapore firms, however lately it has grow to be a significant international investor.

The corporate is a intently adopted investor and has invested in main regional web start-ups similar to Singapore. Ocean And Indonesian GoTo Group.. We additionally put money into a German biotechnology firm. BioNTechDeveloped Covid-19 vaccine with American pharmaceutical big Pfizer..

Singapore’s nationwide funding firm Temasek releases annual report 2021

Source link Singapore’s nationwide funding firm Temasek releases annual report 2021

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