Speaking at the release of Temasek’s results for FY2024 ended March 31, Chan says where a portfolio company decides to list is a “multi-factor decision”. “There are going to be pros and cons, depending on which venue, but ultimately, it’s up to the companies themselves to decide.”
Temasek is aware of calls to revive the Singapore Exchange (SGX:S68
) (SGX), but Temasek International’s head of financial services Connie Chan says their mandate is to generate long-term, sustainable returns, and not to stimulate trading on the local bourse.
“The question around SGX — I think there’s a lot of news around that recently,” says Chan on July 9 in response to questions from The Edge Singapore. “What we want to emphasise is: Our mandate is to generate long-term sustainable returns; that’s the key primary focus for us.”
