Author Archives: Phillip Ang

Unlike Norway’s national reserves which have been managed with 100% transparency, GIC has selectively disclosed information/data for decades. The fund | Norges Bank Investment Management Value of Norway’s reserves in real time.Every single investment is disclosed. Norway lists its largest … Continue reading →

Temasek is sitting on a number of investments with billion/multi-billion dollar unrealised losses; they appear to have gone under the radar. Standard Chartered plc In 2006, it was reported that Temasek had acquired 152.4 mil Standard Chartered shares for £2.3 … Continue reading →

Temasek has not only taken Singaporeans for a ride but the whole world as well. Its investment returns cannot be verified, and should be taken with a pinch of salt. This is common sense. Its ‘savvy investor’ image is just … Continue reading →

No one can possibly own a HDB flat after signing a lease agreement. Whether one was called a HDB flat ‘owner’ – without ownership rights after signing a lease agreement – did not matter decades ago due to the fact … Continue reading →

Temasek’s actual performance may not be as great as propaganda would have us believe; it’s about time Singaporeans scrutinise Temasek’s investments. A picture is worth a thousand words, so let’s look at the long-term charts of some of Temasek’s major … Continue reading →

The demand for Covid vaccine has fallen off a cliff; so has Pfizer share prices, currently trading at decade-ago prices. Pfizer’s Covid-19 mRNA vaccine is an experimental vaccine which has caused untold suffering for family members of victims who were … Continue reading →

Share prices of Bayer collapsed within a few months after Temasek had invested S$4.8 bil of our reserves. Does Temasek have any exit plan for Bayer besides sitting on multi-billion dollar loss or hoping for a miracle?

From: Phillip Ang <phillipang63> Date: Wed, Nov 8, 2023 at 5:51 PM Subject: Special parking privilege for some at drop off area, Elias CC should cease practice To: PM LEE <LEE_HSIEN_LOONG> Cc: <edwin_tong>, <low_yen_ling>, MCCY PERM SEC <tan_gee_keow>, <jimmy_toh>, CNA <digitalnews>, … Continue reading →

The CPF Board’s formula for computing CPF rate has been flawed; for decades. Millions of CPF members have been forced to loan our retirement savings – to GIC for risky overseas investment – at ridiculously-low rates. CPF OA rate has … Continue reading →