Temasek Holdings

Temasek portfolio company disposes of CICT units worth $4.1 mil - THE EDGE SINGAPORE

Company in the news

Temasek portfolio company disposes of CICT units worth $4.1 mil

Immediately after the transaction, Temasek had a deemed interest of 1,594,635,940 CICT units, or 23.97% of voting units.
Southeast Asia's green investments dipped 7% y-o-y to US$5.2 bil in 2022 - THE EDGE SINGAPORE

Environmental, Social and Governance

Southeast Asia's green investments dipped 7% y-o-y to US$5.2 bil in 2022

Over half of the green investments in the region go towards Indonesia and Singapore.
With investment portfolio at $700 mil, Temasek subsidiary GenZero to hold inaugural climate summit in June - THE EDGE SINGAPORE

Sustainability

Temasek subsidiary GenZero to hold inaugural climate summit in June

Temasek committed an initial amount of $5 billion into the subsidiary last year.
ABC Impact, a division of Temasek Trust Asset Management, co-leads $33.3 mil round in British biotransformation company - THE EDGE SINGAPORE

Equity raising

ABC Impact, a division of Temasek Trust Asset Management, co-leads $33.3 mil round in British biotransformation company

Polymateria's tech has proven to fully biodegrade plastic items without leaving any microplastics or toxic residue.
Temasek's advanced MedTech said to mull US IPO after sale stalls - THE EDGE SINGAPORE

IPO

Temasek's Advanced MedTech said to mull US IPO after sale stalls

The firm is working with advisers to explore a potential share sale that could raise up to US$300 million, reports Bloomberg.

Silicon Valley Bank fallout

Innoven Capital's India unit, formerly known as SVB India, has no exposure to collapsed Silicon Valley Bank

Temasek Holdings acquired SVB India back in 2015 for around US$45 million.
Vertex announces no banking relationship with SVB, 'insignificant' indirect exposure - THE EDGE SINGAPORE

Silicon Valley Bank fallout

Vertex announces no banking relationship with SVB, 'insignificant' indirect exposure

Vertex is a subsidiary of Singapore’s Temasek holdings, which does not have direct exposure to SVB.

Silicon Valley Bank fallout

Temasek says it doesn’t have any direct exposure to SVB: Bloomberg

The response comes after the state-owned company checked with its portfolio companies to see how much exposure it has to SVB.
Surbana Jurong names Sean Chiao new group CEO - THE EDGE SINGAPORE

New appointments

Surbana Jurong names Sean Chiao new group CEO

"We are confident that we have found in Sean the right leader for Surbana Jurong"
Sats to launch rights issue priced at $2.20 to fund acquisition of WFS - THE EDGE SINGAPORE

Equity raising

Sats to launch rights issue priced at $2.20 to fund acquisition of WFS

Entitled shareholders will be allotted rights to subscribe for 323 rights shares for every 1,000 shares held as at March 2
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