06.12.2013 - Temasek not typical sovereign wealth fund: Lim Boon Heng
Temasek Holdings is not a typical sovereign wealth fund, said chairman Lim Boon Heng at a conference this morning. It has to pay tax, it is run independently from the Government in day-to-day business operations, it has a board of largely independent directors, he told a group of fund managers, academics and other sovereign wealth fund executives. Governance matters to the institution, and it has a disciplined approach to evaluating long-term returns, he added...............................................Full Article: Source
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