Temasek

Temasek is a Singaporean state-owned investment company wholly owned by the government of Singapore, through the Ministry of Finance. It was established in 1974 to manage and grow the government's investments and to professionalize asset management that had previously resided in statutory boards and government-linked enterprises.

Temasek operates as a long-term, active investor, pursuing value across a diversified global portfolio.

Temasek's mandate is to deliver sustainable long-term returns while creating value for Singapore. It manages assets through a combination of direct investments, co-investments, and investments via external funds. The company emphasizes risk management, governance, and transparency, and it reports to the government and Parliament through annual reporting and oversight by the Ministry of Finance.

Temasek's portfolio spans multiple sectors and geographies, with holdings in financial services, telecommunications, technology, transportation, consumer services, energy, real estate, and life sciences. It invests in both publicly listed companies and private non-listed assets, including stakes in Singapore-based and international firms. Temasek often takes long-term, strategic stakes intended to support growth, structural transformation, and resilience.

Governance is conducted under a board of directors appointed by the Minister for Finance, with management responsible for investment strategy and day-to-day operations. The Temasek model emphasizes accountability, value creation, and alignment with Singapore's long-term development needs.