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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Temasek assets increase 3.8pct to $157 bln with focus on emerging Asia

Posted on 08 July 2011

Temasek Holdings Pte, Singapore’s state-owned investment company, said the value of its assets climbed 3.8 percent to a record last fiscal year and profit more than doubled on increased contributions from its holdings.
Temasek’s assets climbed to S$193 billion ($157 billion) in the year to March 31, surpassing last year’s record of S$186 billion, the firm said in its annual report today. Net income jumped to S$12.7 billion from S$4.6 billion a year earlier……………………………………….Full Article: Source


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