Letters & Statements

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Acquisition of ICBC H-shares from Goldman Sachs

Statement in response to media queries

16 April 2012

"Temasek has agreed to acquire 3,550,000,000 H-shares* in Industrial & Commercial Bank of China ("ICBC"), from the Goldman Sachs Group. When completed, our deemed interest in ICBC will be approximately 5.3% of H-shares, or 1.3% of total ICBC shares."

*H-shares are listed on the Hong Kong Stock Exchange; ICBC is also listed on the Shanghai Stock Exchange, which are referred to as “A-shares”

 

 

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Temasek Review 2013

Beyond Investing: 
Temasek delivered a record net portfolio value of
S$215 billion, with a net cash position.

Investment Themes

Guided broadly by our investment themes, we seek to build a portfolio that delivers sustainable long term returns.