Tag Archives: temasek holdings

Over S$35 billion of injections from Govt to Temasek but no CPF monies?

By S Y Lee and Leong Sze Hian We now know exactly where the $5 billion injection into Temasek Holdings came from, if we were to read the various media reports on the sources of the $5 billion capital injection from the Government into Temasek Holdings. Temasek Holdings had disclosed on Tuesday that it received a $5 billion capital injection from the Ministry of Finance …

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Temasek announces three addition to its board

Singapore investment company, Temasek has announced that with effect from 10 June 2014, Mr Robert Ng Chee Siong and Mr Bobby Chin Yoke Choong will join the Temasek Board while Mr Peter Robert Voser will take up his appointment on 1 January 2015.  The Temasek board size will be increased to 13 with their appointments. Temasek is an investment company owned by the government of Singapore. The …

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Temasek’s letter doesn’t answer why CPF MS is being raised

By Kenneth Jeyaretnam In an extraordinary turn of events the State Times published a letter in its Forum page yesterday from Temasek Holdings. It seems that last Saturday ST published an article (“Ways to improve CPF“) which quoted an unnamed person as saying he suspected the Central Provident Fund Minimum Sum was raised “because Temasek or GIC lost money overseas”. ( See …

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How does Temasek know it does not handle CPF funds?

By SY Lee and Leong Sze Hian We refer to Temasek’s letter “Temasek doesn’t invest or manage CPF savings” (Straits Times Forum Jun 4) to Straits Times’s article ““Ways to improve CPF”” published last Saturday. The article wrote – Another elderly CPF member who declined to be named tells Insight: “Every time they raise the Minimum Sum, I suspect that it’s …

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