Aug 24, 2011 - ST Forum
WE REFER to yesterday's article ('NSP wants GIC, Temasek to be
more transparent') about Ms Hazel Poa's misleading statements on
Temasek.
Our annual Temasek Review reports a summary of key financials,
as well as investment returns to our shareholder over different
time periods from one year to over three decades, and other
relevant information such as our governance principles, portfolio
composition and risks. The latest Temasek Review 2011 is available
at www.temasekreview.com.sg for public scrutiny. Past reports are
also available on our online media centre at
www.temasek.com.sg.
Last year, we further published highlights of Temasek Review in
local newspapers to help report our business and performance to a
wider audience. This year, we expanded this initiative to 11 local
and international newspapers, such as The Straits Times and
Financial Times, as well as online news portals such as Yahoo
News.
We reassure the public as well as Ms Poa that we are keen to
expand our stakeholder base in a responsible, prudent and measured
manner.
We are credit-rated AAA/Aaa by internationally recognised rating
agencies, and have offered top-rated Temasek Bonds to both
international and Singapore investors since 2005.
These initiatives, from our annual Temasek Review to our bond
issuances, are part of our efforts to build a professional and
responsible investment firm to deliver sustainable long-term
returns to our broader stakeholder base.
Serena Khoo (Ms)
Director, Corporate Affairs
Temasek Holdings