Temasek Holdings

[greengiraffe]

CPF: Lost over $100b?
http://leongszehian.com/?p=10608

Buddy,

I have long given up wanting to know the truth, cause sometimes the truth cannot be easily comprehend. In this case, I rather concentrate on growing my own nest egg amidst all this rising bad sentiments "noise". This I think is something we can manage and take care of.

I agree... we are in control of our own destiny. Leave the truth that is to be known to nature as that will take its course.

Truth and reality hurts... if we stay focus on what we can control then, we need no convincing from others including all consultants.

GG

[kikababoo]

http://online.wsj.com/articles/rrj-capit...1415715352

RRJ Capital and Temasek Buy $1 Billion in Cheniere Energy Convertible Bonds
Proceeds to Fund Portion of Corpus Christi Liquefaction Project
By RICK CAREW
Nov. 11, 2014 9:15 a.m. ET

HONG KONG—Singapore state investment firm Temasek Holdings Pte Ltd and RRJ Capital are teaming up to purchase $1 billion of convertible notes issued by Houston-based Cheniere Energy Inc., according to the companies.

The proceeds from the convertible notes issued by Cheniere will be used to fund a portion of the Corpus Christi liquefaction project in Texas, the companies said in a statement viewed by The Wall Street Journal.

Asian private-equity firm RRJ Capital and Temasek have both made previous investments in Cheniere Energy, which is focused on developing liquefied natural gas that can be exported from the U.S.

The deal is expected to close on Nov. 28, the parties said. Under the terms of the deal, RRJ Capital will have a right to transfer a portion of the convertible notes to Temasek.

Write to Rick Carew at rick.carew@gmail.com

so temasek sold out of cherniere equity (which subsequently more than doubled i think), and now buy into its convertible??

[brattzz]

Cherniere is for strategic LNG supply... Singapore needs to have Energy Security, Oil & LNG, our SP Power stations can use both.

[greengiraffe]

Temasek holds 1% Alibaba stake

News | Updated today at 01:02 AM
New York - Temasek Holdings has amassed a 1.03 per cent stake in Alibaba Group Holding after the Internet company's September public share sale, as it seeks to benefit from rising consumption in Asia's biggest company.

Singapore's state-owned investment firm, directly or through its units, owned 25.5 million American depositary receipts in the Chinese company valued at US$2.26 billion (S$2.94 billion), as of Sept 30, according to a filing on Friday with the United States Securities and Exchange Commission (SEC), making it the largest listed shareholder with 1.03 per cent.

Alibaba rose 0.1 per cent to US$114.95 at 12.39pm in New York on Friday and has surged about 68 per cent since its Sept 19 debut.

"They made a decent gain with their Alibaba investment," said Mr Enrico Soddu, an analyst at Institutional Investor's Sovereign Wealth Centre in London, referring to Temasek.

"I expect them to hold on to that investment as it helps them outweigh their holdings of Chinese lenders and fits their strategy of investing in countries with a growing middle class and companies with a strong comparative advantage."

Temasek is the ninth-biggest state investor with an estimated US$177 billion of assets, according to the website of Institutional Investor's Sovereign Wealth Centre.

The investment firm has stakes in Industrial and Commercial Bank of China, China Construction Bank and Bank of China valued at US$20 billion, Bloomberg data showed.

Temasek invested $50 million in Alibaba in its fiscal year ended March 2011, it said in that year's annual report.

It was one of the investors that agreed to buy as much as US$1.6 billion stock from Alibaba employees, people familiar with the matter said in September 2011.

Singapore's investment firm was also among buyers when Alibaba repurchased shares from Yahoo in 2012 through transactions valued at US$7.6 billion and sold them partly to existing shareholders.

Temasek did not disclose the amount of its holdings in Alibaba's China registered shares.

The investment firm also bought 10.9 million shares in US consumer lender Synchrony Financial, which had its initial public offering in July, and bought a stake in McDonald's through one of its units, according to Friday's filing.

Temasek also purchased 2.5 million shares in US firm Cognizant Technology Solutions, one of the largest providers of outsourcing services.

"Our Section 13F filing is part of our normal process of filing with the US SEC for our market holdings in the US," Mr Stephen Forshaw, a spokesman for Temasek, said in an e-mailed statement.

Bloomberg

[greengiraffe]

Temasek invests in varsity tech fund
18 Nov5:50 AM
Tel Aviv

SINGAPORE investment company Temasek agreed to help fund new technologies emerging from research at Tel Aviv University, the university's technology company Ramot said on Monday.

Temasek agreed with Ramot to invest US$5 million in the US$23.5 million Momentum Fund, which selected six technologies earlier in 2014 and is in the process of choosing another four to six. Temasek, which has a portfolio valued at US$177 billion, will be a lead investor in the fund along with India's Tata Industries. The funds will go to a variety of technologies ranging from environment and clean tech to pharmaceuticals. REUTERS

[greengiraffe]

Temasek and the Winklevoss twins invest in US start-up that uses artificial intelligence to predict fate of legislation
Published on Nov 20, 2014 1:20 PM



A Washington-based start-up that uses artificial intelligence to predict the outcome of legislation has received US$7 million in funding from investors that include Singapore's Temasek Holdings and the Winklevoss twins, made famous from their lawsuits against Facebook, the Washington Post reported on Thursday.

FiscalNote, founded by a US entrepreneur, says it uses data-mining software and artificial intelligence to predict the fate of the bills proposed by state legislatures and by Congress each year with 94 per cent accuracy, said the newspaper.

"We will be utilizing the resources for international growth and product expansion," said founder Tim Hwang, 22. "We will be bolstering our engineering team in addition to looking at expanding our sales and marketing operations, domestically and abroad."

The investing was led by several overseas funds including Visionnaire Ventures, a joint fund between Taizo Son and Temasek, the newspaper said. Early investors in the start-up include Yahoo co-founder Jerry Yang, Dallas Mavericks owner Mark Cuban and former America Online chairman Steve Case.

[CityFarmer]

Interesting start-up...

Temasek and the Winklevoss twins invest in US start-up that uses artificial intelligence to predict fate of legislation
Published on Nov 20, 2014 1:20 PM



A Washington-based start-up that uses artificial intelligence to predict the outcome of legislation has received US$7 million in funding from investors that include Singapore's Temasek Holdings and the Winklevoss twins, made famous from their lawsuits against Facebook, the Washington Post reported on Thursday.

FiscalNote, founded by a US entrepreneur, says it uses data-mining software and artificial intelligence to predict the fate of the bills proposed by state legislatures and by Congress each year with 94 per cent accuracy, said the newspaper.

"We will be utilizing the resources for international growth and product expansion," said founder Tim Hwang, 22. "We will be bolstering our engineering team in addition to looking at expanding our sales and marketing operations, domestically and abroad."

The investing was led by several overseas funds including Visionnaire Ventures, a joint fund between Taizo Son and Temasek, the newspaper said. Early investors in the start-up include Yahoo co-founder Jerry Yang, Dallas Mavericks owner Mark Cuban and former America Online chairman Steve Case.

[cfa]

CPF: Lost over $100b?
http://leongszehian.com/?p=10608

Buddy,

I have long given up wanting to know the truth, cause sometimes the truth cannot be easily comprehend. In this case, I rather concentrate on growing my own nest egg amidst all this rising bad sentiments "noise". This I think is something we can manage and take care of.

They always sue those who said something which are untrue. But why are they not sueing those who made this statement ❓

[CityFarmer]

CPF: Lost over $100b?
http://leongszehian.com/?p=10608

Buddy,

I have long given up wanting to know the truth, cause sometimes the truth cannot be easily comprehend. In this case, I rather concentrate on growing my own nest egg amidst all this rising bad sentiments "noise". This I think is something we can manage and take care of.

They always sue those who said something which are untrue. But why are they not sueing those who made this statement ❓

I worked with many smart engineers. I had many sessions of disciplinary actions, and poor reviews on some of them, which resulted to "untrue" within the company grapevine.

I was asked why I didn't do anything on them? Well, with limited time and resource, I had no way to deal with every case. As long as the "untrue" didn't disturb the execution of my job, there is no good reason to do anything. Anyway, I had worked with HR on warning letter in a few cases.

I don't know and have no idea why "they" don't sue in this case. I reckon "they" might be following similar approach.

[cfa]

No comparison at all . That 100B losses allegation was far too serious . They must have their reason for not taking legal action against these guys.