“We will continue to encourage the two entities to review and examine what additional information they would like to put out in their annual reports,” said Wong, who is also Minister for National Development. The boards of both entities are ultimately responsible for their operations, performance and leadership succession, Wong said.
SINGAPORE (Mar 1): The Singapore government will continue to encourage state investment firms Temasek Holdings Pte and GIC Pte to review how much more information they can share with the public, Second Minister of Finance Lawrence Wong said Friday.
Both have been publishing more details on their performance, investment approach and outlook over the years, Wong told Parliament in response to questions on succession plans and disclosure practices of the two firms.
