03.07.2013 - Temasek assets probably reached record on stocks: Southeast Asia
Temasek Holdings Pte’s assets probably jumped to a record as Singapore’s state-owned investment company benefited from a rebound in global stocks. The company, which will release its annual review tomorrow, may have increased the value of its holdings by at least 8.6 percent to S$215 billion ($170 billion) in the year to March 31, according to CIMB Research Pte, Tufts University and Institutional Investor’s Sovereign Wealth Center. Nine out of Temasek’s 10 biggest holdings gained during the 12 months, according to data compiled by Bloomberg........................................Full Article: Source
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