What is Temasek Holdings?
Temasek Holdings is the investment arm of the Government of Singapore which owns and manages Singapore Government’s diversified direct investments in Singapore and overseas worth over US$ 100 Billion. It is rated ‘AAA’ by Standard & Poor’s and ‘Aaa’ by Moody’s. Temasek Holdings is a major shareholder in companies ranging from banking and financial services to ports, shipping and logistics, airlines, telecommunications and media, power, utilities and rail services, as well as pharmaceuticals and biosciences. Some of the prominent ownerships of Temasek Holdings include Singapore Airline, DBS Bank of Singapore, Standard Chartered Bank, SingTel and Port Authority of Singapore. Through its directly and indirectly owned subsidiaries Temasek Holdings has begun to increase its investments in the Asian banking and financial sector. Investments also include stakes in Bank Danamon Indonesia, Bank International Indonesia, ICICI Bank in India, Hana Bank in Korea. Temasek Holdings exposure to Pakist
