SINGAPORE: Singapore's Temasek Holdings reported a 25% rise in its portfolio value to a record S$381 billion ($283 billion) in the year ended March 2021, with gains powered by a global equities rally and the public listing of some of its holdings.
The gain in its portfolio value came after a 2.3% drop in the previous year, with the state investor notching up record investments and divestments in the latest year, Temasek executives told a news conference on Tuesday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!