{"id":10310,"date":"2021-07-13T22:37:18","date_gmt":"2021-07-13T14:37:18","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=10310"},"modified":"2021-07-13T22:37:20","modified_gmt":"2021-07-13T14:37:20","slug":"temasek-s-net-portfolio-at-s381-bln-for-fy21","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=10310","title":{"rendered":"Temasek &#8216;s net portfolio at S$381 bln for FY21"},"content":{"rendered":"\n<p>SINGAPORE, July 13 &#8212;&nbsp;Singapore\u2019s state investment company, Temasek Holdings (Temasek), has reported a record-breaking net portfolio value (NPV) of S$381 billion for the financial year ended March 31, 2021 (FY21), S$75 billion higher&nbsp;compared to FY20.<\/p>\n\n\n\n<p>In Temasek Review 2021, its annual report&nbsp;which was&nbsp;released today, the firm described FY21 as \u201can active year\u201d despite the COVID-19 pandemic lockdowns and travel restrictions, adding that it had invested to&nbsp;stimulate innovation and growth, repositioning&nbsp;its portfolio for a changing world.<\/p>\n\n\n\n<p>\u201cOur world has changed. In the post-COVID era, it is not enough to bounce back to \u2018business as usual\u2019,\u201d said Temasek&nbsp;chairman, Lim Boon Heng.<\/p>\n\n\n\n<p>He\u00a0emphasised\u00a0that governments, businesses and communities must pull together\u00a0and bounce forward into a climate-friendly norm for better lives and more sustainable livelihoods.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21.png\" alt=\"temasek\" class=\"wp-image-10311\" width=\"515\" height=\"319\" srcset=\"https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21.png 588w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21-300x186.png 300w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21-162x100.png 162w, https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21-350x217.png 350w\" sizes=\"auto, (max-width: 515px) 100vw, 515px\" \/><\/figure><\/div>\n\n\n\n<p>Temasek\u2019s one-year total shareholder return (TSR) for FY21 stood at&nbsp;24.53 per cent.<\/p>\n\n\n\n<p>Since its inception in 1974, Temasek has recorded an annualised 14 per cent compounded&nbsp;TSR over 47 years, while its 20-year and 10-year TSRs were 8.0 per cent and 7.0 per cent, respectively, compounded annually.<\/p>\n\n\n\n<p>\u201cAs a provider of catalytic capital, Temasek can help companies thrive&nbsp;and tackle the global challenges of our time.<\/p>\n\n\n\n<p>\u201cWe will deploy financial capital to stimulate innovation and growth; develop human capital to uplift capabilities and enhance potential; enable natural capital and foster sustainable solutions; and seed social capital to transform lives for a more inclusive and resilient world,\u201d&nbsp;said Temasek International chief executive officer,&nbsp;Dilhan Pillay.<\/p>\n\n\n\n<p>In FY21, Temasek invested S$49 billion and divested S$39 billion &#8212;&nbsp;record-breaking numbers on both counts.<\/p>\n\n\n\n<p>The investment holding firm remains anchored in Asia&nbsp;based on its exposure to underlying assets, with China and Singapore remaining as its two largest countries of exposure at 27 per cent and 24 per cent, respectively.<\/p>\n\n\n\n<p>Its exposure in the Americas (20 per cent) and Europe, Middle East and&nbsp;Africa (12 per cent) is mostly through its direct investments.<\/p>\n\n\n\n<p>The Americas accounted for the largest share of new investments made by Temasek during the year, followed by Singapore and China.<\/p>\n\n\n\n<p>Meanwhile, the technology, financial services, industrials and energy sectors continued to see significant investment activities&nbsp;by&nbsp;Temasek.<\/p>\n\n\n\n<p>The financial services as well as&nbsp;the telecommunications, media&nbsp;and&nbsp;technology sectors remained as the top two largest sectors in&nbsp;its investment portfolio&nbsp;at 24 per cent and 21 per cent, respectively.<\/p>\n\n\n\n<p>However, the&nbsp;compositions have changed significantly over the last decade, partly driven by digitisation.<\/p>\n\n\n\n<p>Headquartered in Singapore, Temasek&nbsp;has 13 offices in nine countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen and Singapore in Asia; and London, Brussels, New York, San Francisco, Washington DC, Mexico City, and Sao Paulo outside Asia.<\/p>\n\n\n\n<p>&#8212; <a href=\"https:\/\/www.bernama.com\/en\/business\/news.php?id=1981870\">BERNAMA<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, July 13 &#8212;&nbsp;Singapore\u2019s state investment company, Temasek Holdings (Temasek), has reported a record-breaking net&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,17],"tags":[],"class_list":["post-10310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia","category-economy"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21.png",588,364,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21-150x150.png",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21-300x186.png",300,186,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21.png",588,364,false],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21.png",588,364,false],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21.png",588,364,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21.png",588,364,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21.png",588,364,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21.png",588,364,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2021\/07\/Screen-Shot-2021-07-13-at-22.34.21.png",588,364,false]},"author_info":{"info":["Editor"]},"category_info":"<a href=\"https:\/\/newmalaysiatimes.com\/?cat=14\" rel=\"category\">Asia<\/a> <a href=\"https:\/\/newmalaysiatimes.com\/?cat=17\" rel=\"category\">Economy<\/a>","tag_info":"Economy","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/10310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10310"}],"version-history":[{"count":1,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/10310\/revisions"}],"predecessor-version":[{"id":10312,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/10310\/revisions\/10312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/10311"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}