Open Links In New Tab. year ended, Group net profit, including unrealised mark to market losses of sub-20% investments, Adopting International Accounting Standards. On 1 April 2018, the Group adopted International Financial Reporting Standards (IFRS). The financing could reach about USD 350 million, which is short of Tokopedia’s initial goal of USD 500 million to USD 1 billion. Copyright © 2020 Temasek Holdings (Private) Limited, For One-year Total Shareholder Return (TSR) was -2.28%. Written by Ursula Florene Published on 26 Oct 2020. 1. This latest figure is a slight dip from the previous two years – S$313 billion (2019) and S$308 (2018). Regional Report 2020 Temasek Foundation seeks to uncover the unseen gaps, barriers and needs in the community. LIM BOON HENG Chairman, Temasek Holdings A promising 2019 was cut short by the arrival of the COVID-19 pandemic in the last quarter of our financial year ended 31 March 2020. S$306b S$ 0 b. This included the adoption of IFRS 9: Financial Instruments in 2018 Our Chairman, Mr Lee Kok Choy, and Principal & CEO, Mr Peter Lam, sat down to reflect on an eventful financial year ending 31 March 2020. Temasek said in a statement that prior to the onset of the COVID-19 pandemic in the last quarter of the financial year, its net portfolio value had been "growing steadily and trending well". See also: Our free investing telegram channel. (Bloomberg) — Temasek Holdings Pte.’s investments in China surpassed those in its home market of Singapore for the first time following gains by companies including Alibaba Group Holding Ltd., according to the state investment company’s annual report. We remain vigilant, guided by our mandate, values and investment principles. Watchlists. LIFE. Although I know that Temasek has a huge portfolio, I was surprised to see that it is around the size of Warren Buffett’s. Download the Full Financial Statements. HOME. About; Trending; China Tech; SEA Tech; India Tech; Visual Stories; News Google and Temasek to invest in Indonesian unicorn Tokopedia, report says. We see a slight decrease in One-Year Total Shareholder Return (TSR) of 2.28%, which seems reasonable for such a climate. So we have our own Warren Buffett in Singapore, that is Temasek. It deep dives into what is driving the Internet economy forward and where the opportunities for the future lie. The information included in this report is sourced as “Google, Temasek and Bain, e-Conomy SEA 2020” except from third parties specified otherwise. Here are some take away from this announcement. Enter Techmeme snapshot date and time: Cancel Mediagazer memeorandum WeSmirch. Read our Chairman's message Watch Temasek Year in Review. The TSR since 1974 … The billing periods for AY 2020/2021 are: Semester 1: 20 April 2020 – 18 October 2020 Semester 2: 19 October 2020 – 18 April 2021. We are the auditors of Temasek Holdings (Private) Limited (“Temasek”). CEO Letter “We have been preparing for a challenging investment environment for some time and our defensive position has helped in navigating the current turmoil. TEMASEK Financial (I) Limited (TFin-I) has issued below par an oversubscribed US$2.75 billion three-tranche deal of guaranteed bonds, which include a record 50-year tenor, after garnering robust interest from investors.. As a leading internet platform in Southeast Asia and Taiwan, Sea's mission is to better the lives of consumers and small businesses within the region Therefore, Temasek's annual reporting will be pushed back to "accommodate this delay of global consolidation for financial reporting", she said. You can find out more information here. Today’s world is volatile and uncertain. Here are the Group Income Statements of the consolidated financial statements of Temasek and its subsidiaries for the financial year ended 31 March 2020. Temasek Foundation Report 2020 Regional Report 2020 English Chinese Bahasa Indonesian Thai Vietnamese. Singapore’s state-owned investor Temasek Holdings has made the rare decision to delay its annual report until September, blaming Covid-19 for hampering the global flow of financial information. July 1, 2020, 8:49 PM PDT Singapore investor was expected to release report this month Firm says Covid-19 has forced delays in company results Singapore’s state … The report also stated that the net portfolio value of the company as of 31st March 2020 is S$306 billion. SPORT. Download in Bahasa Indonesia. Temasek’s portfolio fell to 306 billion Singapore dollars ($223.73 billion) for the financial year that ended March 31. Fees are billed and payable by semester. Temasek reports a net portfolio value (NPV) of S$306 billion as at 31 March 2020. We are ready to face an uncharted future, and will continue to invest the nation’s foreign reserves prudently.” Lim Chow Kiat, CEO. TSR takes into account all dividends distributed to our shareholder, less any capital injections. On 21 Jul 2020, Temasek released preliminary numbers that stated its NPV has fallen about 2% ... We should expect the full report to be released in September 2020, as the COVID-19 pandemic had affected the financial reporting for many of its portfolio companies. Finance. In accordance with the well-established International Financial Reporting Standards, the Group Financials for Temasek are a consolidation of financial information of Temasek and its operating subsidiaries, such as PSA, Singapore Airlines, Singtel, ST Engineering, etc. This value is the same as its preliminary portfolio performance. Temasek said in a statement that prior to the onset of the COVID-19 pandemic in the last quarter of the financial year, its net portfolio value had been "growing steadily and trending well". Google and Temasek’s fifth "e-Conomy SEA 2020: At full velocity - Resilient and racing ahead" report, together with Bain &Co., provides insights into the region’s internet economy and how SEA brands can prepare for the massive digital shift and current trends that are happening. Singapore’s state-owned investor Temasek Holdings Pte. The Group also adopted new and amended IFRS and Interpretations of IFRS that were mandatory for application for the financial year ended 31 March 2019, which included IFRS 1: First-time adoption of IFRS, IFRS 9: Financial Instruments and IFRS 15: Revenue from Contracts with Customers. The information in this report is provided on an “as is” basis. 66% 0 % Exposure to Asia. The information in this report is provided on an “as is” basis. Third Quarter 2020 Financial Results . has made the rare decision to delay its annual report until September, blaming Covid-19 for hampering the global flow of financial … November 30, 2020, 4:35 AM . Comparative financial statements for the years ended 31 March 2002 to 2017 were prepared based on Singapore Financial Reporting Standards. How We Invest. Temasek released its 2020 annual report yesterday and its net portfolio value fell to S$306 billion (RM929.9 billion) in 2020 from S$313 billion in 2019. Temasek has just announced that it closed the financial year ended 31 March 2020 with a Net Portfolio Value (NPV) of S$306 billion. Singapore's convergence with IFRS. It is often said that how you invest is a reflection of where you see the future going. The report dives into trends across seven Internet economy sectors: e-Commerce, Online Media, Transport & Food, Online Travel, Digital Financial Services, and the newly added HealthTech and EdTech. Open Links In New Tab. However, Temasek does not disclose disclose its management costs like Norway’s sovereign wealth fund (SWF) does. Its one-year shareholder return was minus 2.28%, said the company. (Bloomberg) -- Singapore’s state-owned investor Temasek Holdings Pte. From programmes piloted by evidence-based results, to sustainable long-term solutions, our programmes aim to strengthen social resilience of Singaporeans and their households, foster mutual exchanges in the region, and advance science and … SINGAPORE – State investment firm Temasek Holdings will release its annual report in September instead of July to accommodate the delay in consolidating financial reporting for … Download e-Conomy SEA … The framework is outlined in a 75-page report published by the ... beyond capital markets and trade finance. We are an investment company with a global portfolio of S$306 billion (US$214 billion) as at 31 March 2020. Next . NEWS. Here, they share some of Temasek Polytechnic’s (TP) top moments, significant achievements and new initiatives. Similarly, if our own investment portfolios suffer a dip in the short term, stay calm and concentrate on the long term. 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