08.07.2016 - Temasek's portfolio drops by $14 billion
Singapore's state-owned investment company Temasek Holdings saw its net portfolio value tumble by around 24 billion Singapore dollars ($14 billion) wiping around 9 percent off the Singapore dollar value of its holdings in the year to March 31. The value of Temasek's portfolio fell to around S$242 billion, or $180 billion, in the last fiscal year, from around S$266 billion, or $194 billion, in the year-earlier period. It was the first time the portfolio value declined since 2009, during the global financial crisis...............................................Full Article: Source
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