Category Archives: Uncategorized

Temasek’s Akili sank almost 90% in 9 months, worse to come

Temasek’s 1Q 2023 13F holdings @ https://13f.info/…/000110465923060062-temasek-holdings…

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Temasek’s PayPal investment: US$2 bil paper profit all gone, not actual investment loss

Temasek’s invested in PayPal since 2015. (see image below, data from SEC 13F holdings history @ Temasek Holdings (Private) Ltd – PYPL – PayPal Holdings, Inc. 13F Holdings History) The value of Temasek’s 9.5 mil PayPal shares has plummeted from … Continue reading

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Case ID: CAS-855823-J9S3Q4 Falsehoods on PMO website, online media

From: POFMAoffice Info (POFMAoffice) <Info> Date: Mon, May 8, 2023 at 11:44 AM Subject: [Case ID: CAS-855823-J9S3Q4] Falsehoods on PMO website, online media To: phillipang63 <phillipang63> Cc: POFMAoffice Info (POFMAoffice) <Info> Dear Mr Ang We refer to your email dated 7 … Continue reading

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Did DPM Lawrence Wong attempt to mislead Singaporeans?

HDB flats are ridiculously expensive for young couples intending to start a family. The PAP govt cannot be unaware and has been attempting to convince Singaporeans that flats are still affordable. Lawrence Wong had intentionally used a fake higher price … Continue reading

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Temasek played by former President’s scholar?

https://www.techinasia.com/basisai-cofounder-investigated…https://www.asianscientist.com/author/liufengyuan/https://www.nas.gov.sg/archive…/data/pdfdoc/2001080302.htm

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Update on GIC’s biggest US-listed investment: Unrealised loss increased by US$1.04 bil/S$1.4 bil since Feb 26

1n 2022, GIC bought 128 mil GDS shares – increasing to 202 mil shares – between $48 and $8. At an average price of $28, the investment (gamble) would have cost US$3.58 bil/S$4.7 bil. Questions: Why is GIC placing such … Continue reading

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Is GIC really not gambling with CPF monies/reserves?

For reference: https://investors.movella.com/…/4e0ff94f-6b93-4cb7-80f9&#8230; https://www.sec.gov/…/000121…/ea166626ex99-1_pathfin.htm https://seekingalpha.com/…/3934928-movella-closes-on&#8230;

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Are Temasek-linked companies really performing well?

GLC’s ‘grow’ by acquiring overseas assets while ignoring risks, eg Singtel, privatised NOL, etc. Or assume extremely high risk by becoming the 2 biggest rig builders. In the face of real competition, Temasek-/govt-linked companies – without tax dollar support – … Continue reading

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GLC ComfortDelgro may be joining penny stock club soon, investors express discomfort

Government-linked companies appoint mostly cronies in senior management positions as well as (not) independent directors. Their failure has always been a question of when. Comfort CEO Yang resigned in Jan this year, after earning millions while ComfortDelGro lost more than … Continue reading

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Wealth destruction in another Temasek-linked company

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