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Temasek’s revised charter downplays Singapore links

Temasek drops reference to its role to improve S’pore’s economic base. Reuters.

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From Reuters:

SINGAPORE, Aug 25 (Reuters) – Singapore state investor Temasek Holdings [TEM.UL] on Tuesday issued an updated charter that described the fund as an investment firm managed on commercial principles, dropping a reference to its role to improve the city-state’s economic base.

“We are operating more overseas, so we like people to have a better understanding of us,” Chairman S Dhanabalan said at a media briefing to present the new version of the Temasek Charter, which outlines the firm’s goals for the future and its relationship with the Singapore government.

Full report here.

Read also:

1) Temasek Charter 2002

See here for the background and context of the 2002 Charter

2) Temasek Charter 2009

See here for the background and context of the 2009 Charter.

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