Temasek delays annual report until September, citing pandemic

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Temasek, which managed S$313 billion as of March 2019, was set to release the report this month. YahooFinance

-- Singapore’s state-owned investor Temasek Holdings Pte. has made the rare decision to delay its annual report until September, blaming Covid-19 for hampering the global flow of financial information.

The delay comes at a difficult time for Temasek, which saw its public equity holdings take a beating in the first quarter. It’s also made several major commitments to support portfolio companies such as Singapore Airlines Ltd.

 

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