Category Archives: TEMASEK

Is Temasek?GIC participating in Adani’s US$10 bil fundraising?

Posted on February 5, 2023 by Phillip Ang

Adani Group was reported to be “deeply overleveraged” in August 2022. 2 months later, Adani was reported to be in talks with Temasek, GIC and other investors to raise US$10 bil.

Posted in ADANI HINDENBERG REPORT, GIC, TEMASEK | Leave a comment

Will Temasek, GIC fall victim to the ‘largest con in corporate history’?

Posted on January 27, 2023 by Phillip Ang
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Temasek unable to divest, avoids booking billions in losses from unfavourable exchange rate

Posted on December 26, 2022 by Phillip Ang

Temasek made headlines in 2006 when it bought 152.4 mil StandChart shares at around GBP15 when GBP1 = S$2.8. GBP has lost 42%, resulting in a forex loss of S$2.72 bil after 16 years. This post serves to highlight forex … Continue reading →

Posted in TEMASEK, TEMASEK'S POCK KAI INVESTMENTS | 1 Comment

Temasek won’t be toast even if Toast Inc goes belly up, amount invested a fraction of FTX’s loss

Posted on December 26, 2022 by Phillip Ang

Of course there’s risk in every investment. But what has not been disclosed in MSM are the epic losers. There are investments sitting on multi-billion $$ losses, unlike those I recently highlighted. Temasek should know.

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Temasek should be more transparent to prevent speculation

Posted on December 20, 2022 by Phillip Ang

Temasek fears transparency because there are many investments with losses similar to SQZ Biotechnologies. Losses have mostly gone unreported and Singaporeans have been hoodwinked by MSM into thinking we have a ‘Warren Buffet’ running Temasek.

Posted in TEMASEK, TEMASEK'S POCK KAI INVESTMENTS | 2 Comments

Less reserves should be invested in corrupt countries, likely to suffer permanent forex losses (1)

Posted on December 20, 2022 by Phillip Ang

The political and forex risks are just too high to invest increasing billions in corrupt countries. Investment/forex losses will ultimately affect GIC’s ability to return CPF monies. Why is the PAP govt so concerned about corruption in Singapore but when … Continue reading →

Posted in GIC, TEMASEK | 2 Comments

Less reserves should be invested in corrupt countries, likely to suffer permanent forex losses

Posted on December 20, 2022 by Phillip Ang

Something is clearly amiss. Why is a supposedly whiter-than-white government pouring increasing billions into a corrupt country like India?

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Temasek, GIC should reduce investments in corrupt countries, suffer hug forex loss

Posted on December 20, 2022 by Phillip Ang

To benefit Singaporeans, profits/dividends of foreign investments have to be converted to SGD. Did Temasek and GIC factor potential mega losses in their foreign investments in corrupt countries? Is their inability to divest unprofitable investments with huge forex losses one … Continue reading →

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Mainstream media should also disclose Temasek’s wrong bets, not only winners

Posted on December 16, 2022 by Phillip Ang
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Temasek/GIC doesn’t take high risk is rubbish

Posted on December 16, 2022 by Phillip Ang
Posted in GIC, GIC's POCK KAI INVESTMENTS, TEMASEK, TEMASEK'S POCK KAI INVESTMENTS | 1 Comment