(from left to right) Mr Lee Theng Kiat, Chairman of Temasek International, Ms Ho Ching, Chairman of Temasek Trust, Former Executive Director and CEO of Temasek Holdings, Prime Minister and Minister for Finance Lawrence Wong, Mr Lim Boon Heng, Chairman of Temasek Holdings, Mr Cheng Wai Keung, Deputy Chairman of Temasek Holdings, and Mr Dilhan Pillay Sandrasegara, Executive Director and CEO of Temasek Holdings and Temasek International, at the launch of Temasek's 50th anniversary book.
Singapore, 23 September 2024 – Temasek hosted a dinner tonight to commemorate its growth and evolution from a Singapore holding company to a global investing firm.
Prime Minister and Minister for Finance Lawrence Wong was the Guest of Honour at the dinner, which was attended by more than 600 Temasek partners and friends, past and present. These included representatives from the board and C-suite executives from its local and global portfolio companies, as well as Singapore Cabinet ministers and government and business leaders from Singapore and around the world. Past and present Temasek Board members and senior management also joined the dinner held at the Shangri-La Singapore.
The highlight of the evening was the launch of a commemorative book charting its 50 years of history. Titled “By Generations, For Generations: Fifty Years of Temasek As Told By The People Who Shaped It’’, it is Temasek’s first and only official book chronicling the events and milestones of the company.
It was written by former journalist Ong Soh Chin, who drew material from extensive research and interviews with about 90 staff, alumni, and business partners. Their stories provided depth and colour to what went on behind the scenes of key business deals, offering a rare insider glimpse into the history of the company.
Mr Lim Boon Heng, Chairman of Temasek Holdings, said: “I am very pleased that we can mark our anniversary with this factual yet reflective account of Temasek’s first 50 years. Since our inception in 1974, our journey has always been driven by a sense of purpose to do well, do right, and do good. But more so, this book is a tribute to our past and present generations of board members, staff, partners, alumni, and beneficiaries who have all contributed much to the success of where we are today. It demonstrates the courage, purpose, resilience, and tenacity of our people, past and present, and a continued commitment to building a sustainable organisation so every generation prospers. Represented within its pages are the spirit and purpose of this truly unique company – Singaporean in essence but global in outlook – as it moves boldly into the future.’’
Apart from facts and figures, the book also captures the passion and commitment of the people who have made Temasek what it is today – a global investor firmly rooted in Singapore, with a duty to future generations.
The book caps a year of events commemorating the company’s 50th anniversary. These include its commitment to set aside S$100 million as Concessional Capital for Climate Action to mobilise funding for marginally bankable projects; as well as T-Spring, a S$150 million gift to the community supporting skills development, scholarships, and fellowships so that Singapore’s workforce and organisations can be prepared for a different world. Temasek has also commissioned an eight-part YouTube series and a television documentary to be aired on Mediacorp.
The book is not for sale. PDF copies can be downloaded for free by visiting www.StoryOf.Temasek.
Prime Minister and Minister for Finance Lawrence Wong's speech at Temasek's 50th Anniversary Dinner can be found here.
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About Temasek
Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$389 billion (US$288b, €267b, £228b, RMB2.08t) as at 31 March 2024. Marking our unlisted assets to market would provide S$31 billion (US$23b, €21b, £18b, RMB166b) of value uplift and bring our mark to market net portfolio value to S$420 billion (US$311b, €289b, £247b, RMB2.25t).
Our Purpose “So Every Generation Prospers” guides us to make a difference for today’s and future generations.
Operating on commercial principles, we seek to deliver sustainable returns over the long term.
We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.
For more information on Temasek, please visit www.temasek.com.sg
For Temasek Review 2024, please visit www.temasekreview.com.sg
For Sustainability Report 2024, please visit www.temasek.com.sg/SR2024
Connect with us on social media:
Facebook (Temasek); X (@Temasek); Instagram (@temasekseen); YouTube (TemasekDigital); LinkedIn (Temasek); TikTok (@Temasek); Telegram (Temasek); WhatsApp (tmsk.sg/whatsapp) and WeChat (temasek_digital).
For media queries, please contact:
Chris TEO
Director, Public Affairs
Tel: +65 6828 6785
christeo@temasek.com.sg
Dawn ZHOU
Senior Associate, Public Affairs
Tel: +65 6828 6455
dawnzhou@temasek.com.sg
