A signage for Temasek Holdings is displayed during a news conference following the company's annual review in Singapore on July 9, 2019.SINGAPORE — Singapore's state investment company Temasek said Tuesday the net value of its portfolio reached a record high in the financial year that ended March 31.
In its annual report, the investor said its portfolio grew to 381 billion Singapore dollars as of end-March. That's compared with 306 billion Singapore dollars a year ago, when the size ofThe portfolio expansion came as Temasek's one-year shareholder return jumped to 24.53% in Singapore dollar terms, the company said. Returns were 7% over a 10-year period and 8% over 20 years, it added.
Temasek is an active equity investor in both the public and private space. The company invested mainly in Singapore companies in its early days, but has turned into a major global investor in recent years. The company — a closely followed investor — has invested in major regional internet start-ups such as Singapore-based
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