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Temasek Holdings (Temasek)
M&A
Temasek to buy stake in Danish engineering firm for $2 bil
(Mar 13): Singapore state investor Temasek Holdings agreed to buy about 30% of Denmark's Haldor Topsoe A/S, the companies said, in a transaction that a source said values the engineering firm at around US$1.5 billion ($2 billion).
March 13, 2019
Startups, Entrepreneurs, Digital economy
27-year-old female CEO's startup gets near US$1 bil valuation
SINGAPORE (Feb 13): Zilingo’s path to becoming a fashion platform with a valuation approaching US$1 billion ($1.36 billion) began in December 2014 when Ankiti Bose, then an analyst at Sequoia India, chatted with a neighbour at a house party in the India
February 13, 2019
Temasek ramps up pressure over Standard Chartered turnround: FT
SINGAPORE (Jan 21): Standard Chartered’s largest investor Temasek has grown frustrated with the slow pace of chief executive Bill Winters’ turnround, according to a report by The Financial Times of UK, and is stepping up pressure on the UK-listed bank
January 21, 2019
Disruption and Digitalisation
Temasek, Uber CEO invest in urban farming startup
SAN FRANCISCO (Dec 13): Bowery Farming Inc, a two-year-old startup that uses robotics to cultivate crops indoors, is on track for more growth.
December 13, 2018
Blockchain
SGX and Temasek's Heliconia invest in next-gen capital markets platform
SINGAPORE (Nov 8): The Singapore Exchange (SGX) and Temasek Holdings’ subsidiary Heliconia Capital Management have invested in a new blockchain-based capital markets platform. The value of the investment was not disclosed.
November 08, 2018
Bonds and treasuries
Public offer of Temasek first retail bonds just over 8 times subscribed
SINGAPORE (Oct 23): Temasek Holdings says its T2023-S$ Temasek Bond public offer was slightly over eight times subscribed.
October 23, 2018
Fintech
Flywire, complex payment solutions provider, raises US$100 mil led by new investor Temasek
SINGAPORE (July 27): Flywire, a company that solves complex payment problems for major businesses and institutions, has raised US$100 million ($136.1 million) in new venture funding led by Temasek Holdings.
July 27, 2018
Malaysia
Khazanah Nasional's entire board of directors resigns
SINGAPORE (July 26): Malaysia’s strategic investment fund, Khazanah Nasional Berhad, saw a major shake-up this morning, after all nine of its board members tendered their resignation, including managing director Tan Sri Azman Mokhtar.
July 26, 2018
Singapore economy
GIC flags lower long-term returns in tough investment climate
SINGAPORE (July 13): Singapore sovereign wealth fund GIC has trimmed its exposure to developed market equities such as US stocks over the past year on high valuations, and cautioned it expects lower long-term returns in an uncertain investment climate.
July 13, 2018
Temasek set to report record portfolio; tech deals in focus
SINGAPORE (July 8): Singapore state investor Temasek Holdings is likely to book a record $300 billion for the value of its portfolio, powered by gains in DBS Group and Chinese banks, while it steps up investment in tech startups.
July 08, 2018