The total assortment of TEMASEK Holdings has increased 43% to an all time high of $186 billion in the twelve months to March. This depicts that the Company has successfully revived from the global financial meltdown.
The yearly report of the Company has stated that in the year 2008, this amount was $185 billion. The report was released on Thursday.
Simon Israel, the Executive Director of TEMASEK, revealed that the Company was pleased with the record value of the portfolio.
Mr. Israel disclosed that the firm has gone through a roller coaster ride over the previous years. He stated that the Company witnessed a financial crunch in the year 2008 and in early 2009, it depicted a mixed revival.
However, he added that the Company kept its cool because it was required at the time, as it is a long term investor.
Mr. Israel said that the firm ensured that its home base is safe and gradually did the investments and the divestments. He highlighted that the most of the ventures turned out to be profitable.
He also revealed that the Company followed a long term approach, where it thought that there were high risks involved, or where they had better prospects.












