Temasek Holdings, founded in 1974, is an investment company owned by the Singapore government. Together with GIC, it has controlled almost all of Singapore’s largest companies across industries like telecom, aviation, banking, transportation, logistics etc., managing up to 47% of Singapore’s stock market portfolio. As of 2018, Temasek’s net portfolio value has reached SGD308 billion, making it a global investment powerhouse.
Temasek’s market influence and network
As mentioned, through its strategic investments, Temasek has come to own many of Singapore’s largest corporations that are absolutely vital to Singapore’s economy. This gives Temasek tremendous control and influence. At the same time, by investing in over 2000 companies globally, Temasek has built an enormous business network worldwide.
Temasek’s investment capabilities
Temasek adopts the investment strategy of letting its portfolio companies operate completely independently after investment, which allows these companies to focus on business development and value creation. As an investment company itself, Temasek also has strong capabilities in areas like industry research, opportunity identification, value investment, post-investment management etc..
Temasek’s talent cultivation
Temasek provides excellent training to nurture talents through internship and graduate programs. Participants can learn investing first hand from Temasek’s experts during job rotations across different departments. Many program alumni have grown into backbone talents or taken leadership roles at Temasek.
Temasek’s social responsibilities
While aggressively expanding its investment portfolio across the globe, Temasek also actively fulfills CSR through programs supporting education, alleviating poverty, addressing climate changes etc. in Asia and beyond. It also pushes for sustainable development concepts across its portfolio companies.
In one generation’s time, Temasek has transformed from a domestic investment company to a global powerhouse with enormous economic clout. Its success can be attributed to farsighted leadership, employees’ capabilities and shared vision in value creation.