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16 Jan 2017 Temasek welcomes the ‘Better Business, Better World’ Report by the Business and Sustainable Development Commission

Temasek welcomes the ‘Better Business, Better World’ Report by the Business and Sustainable Development Commission

  • Good governance and sustainability underpin all Temasek does as an investor, institution and steward.
  • Temasek’s annual Ecosperity conference fosters the twinning of growth and development alongside an abiding respect and commitment for a clean and sustainable environment, for a better world.
  • Temasek welcomes the ‘Better Business, Better World’ Report as an important multinational contribution to advancing the dialogue on how businesses can embrace sustainable development to create value beyond their respective organisations.
20 Dec 2016 Neil McGregor to join Sembcorp Industries on 1 April 2017

Neil McGregor to join Sembcorp Industries on 1 April 2017

  • Neil McGregor has accepted an offer from the board of Sembcorp Industries to take up a new role as their Group President and CEO, effective 1 April 2017.
  • He will leave his senior leadership role with Temasek on 31 March 2017. 
12 Dec 2016 Temasek Statement in Relation to Olam International's Response to Mighty Earth and Brainforest Report

Temasek Statement in Relation to Olam International's Response to Mighty Earth and Brainforest Report

  • Olam’s operations are properly matters for the board and management of Olam to address. As a matter of proper governance, Temasek does not direct the business operations of our portfolio companies, including Olam. 
  • We have stated openly and in many forums, that we fully support no burn policies for land clearance, and would urge oil palm companies and plantation owners to do the same. 
  • Haze from large scale fires, and the fires themselves whether deliberate or natural, are a major health hazard, and may have long term implications. Hence, it is important that all players, individuals, companies and governments, work together to prevent, minimize and mitigate such risks to people and our environment.
6 Dec 2016 Lucien Wong to step down from Temasek Board

Lucien Wong to step down from Temasek Board

  • Mr Lucien Wong will be appointed Attorney-General from 14 January 2017.
  • As part of the transition, Mr Wong will be appointed Deputy Attorney-General from 19 December 2016.
  • Accordingly, Mr Wong will be stepping down from Temasek Board with effect from 15 December 2016.
29 Sep 2016 SMRT Scheme of Arrangement Approved by Minority Shareholders

SMRT Scheme of Arrangement Approved by Minority Shareholders

  • 84.83%  of minority shareholders present and voting in person or by proxy at the Scheme Meeting voted in favour of the Scheme, such minority shareholders represent 92.89% of the shares voted; 
  • Approval will now be sought from the High Court of Singapore to sanction the Scheme;
  • Subject to the terms of the Scheme, if the Court approves the Scheme, it will become effective and binding for all minority shareholders, and SMRT will be delisted from the Singapore Exchange
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