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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Profits earned by Temasek ‘are returned to community’

Posted on 24 March 2014

Temasek Holdings builds for the long term and the money it makes is returned to the community, said chairman Lim Boon Heng. “There is a common thread in what Temasek does: What we do, we do with tomorrow in mind - a quote from one of our founding leaders Mr S Rajaratnam. So we build the institution and we build it for future generations,” said Mr Lim last Friday.
He was speaking to the media as he reflected on the investment company’s 40th anniversary. Set up by the government in 1974 to hold the companies it owns, Temasek has a $215 billion portfolio as at March 31, 2013………………………………………..Full Article: Source


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