Category Archives: TEMASEK

CPF members shortchanged by PAP, Temasek given all the pow chiak domestic businesses (Pt 2)

​(Pt 1 here) During the early years after independence, PAP relied mostly on our CPF savings to set up GLCs as well as fund infrastructure construction.** In 1967, CPF members loaned the PAP government 85% of the funds it badly … Continue reading

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Temasek’s return on Snap investment unknown

There have been speculations on Temasek making a profit/loss on its Snap investment, with many quoting figures from an FT report. The fact is, this cannot be confirmed because material information is missing. The quoted figures are : – 300,000 … Continue reading

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Temasek should disclose billions in bonuses paid to top management

Temasek Holdings is not managing private/PAP funds but Singapore’s past reserves. Strangely, the PAP government has designated Temasek an exempt private company where public funds are managed by PAP appointees and its real performance is known only to PAP’s inner … Continue reading

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Temasek’s unrealized $1/2 billion loss hidden in Pakistani bank merger?

Temasek thought it was going in for the kill when it invested in Pakistani NIB Bank in 2005. Now kena killed. In 2005, Temasek took a 25% stake in March and increased this to 72% 3 months later. This was … Continue reading

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20161211 Mainstream media should not engage in half truths to mask Temasek’s pock kai investments

I hope the PAP will stop engaging in half-truths and be upfront with citizens when it comes to Temasek.  Every human being makes mistakes and it should not try to cover up those made by PAP elites, unless they are non human. To … Continue reading

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