Our Portfolio
We are owners of our portfolio, working to deliver sustainable returns over the long term and making a difference in what we do.
Portfolio Highlights
As at 31 March 2025, our net portfolio value was S$434 billion.
Anchored in Asia, we have 66% underlying exposure to developed economies.
(as at 31 March)
(as at 31 March)
1 Distribution based on underlying assets.
(as at 31 March)
1 Distribution based on underlying assets.
2 The Transportation & Industrials sector includes investments in Energy & Resources.
(as at 31 March)
1 Mainly cash and cash equivalents, and sub-20% listed assets.
(as at 31 March)
1 Distribution based on currency of denomination.
(as at 31 March)
1 The increase in our Sustainable Living exposure is mainly due to a reclassification of selected portfolio companies as at 31 March 2024, to better reflect their alignment with the trend.
2 Less than 1%.
Sources:
1. Financials for the companies are based on their respective annual filings or latest available financial information.
2. Market relevant information is sourced from Bloomberg, Stock Exchanges, and public filings by companies.
- For year ended June 2024.
- For year ended September 2024.
- For year ended December 2024.
- For year ended January 2025.
- For year ended March 2025.
1 Percentages rounded to the nearest whole number.
2 For listed companies, market capitalisation refers to market value as at 31 March 2025. For unlisted companies, shareholder equity is based on the respective companies' annual filings or latest available financial information as at 31 March 2025 or 31 December 2024, in accordance with their respective financial year ends. Figures for the respective companies were converted to S$ based on foreign exchange rates as at 31 March 2025.
3 EM Topco Limited is the holding company for Element Materials Technology Group Limited.
4 The Transportation & Industrials sector includes investments in Energy & Resources.
5 Eternal Limited was formerly known as Zomato Limited.
6 Information not disclosed due to confidentiality obligations.
7 Joint venture with Khazanah Nasional Berhad. Information not disclosed due to confidentiality obligations.
8 Based on number of shares of class A common stock on an as-converted basis.
# Held through CLA Real Estate Holdings Pte. Ltd. (“CLA”), a wholly-owned subsidiary of TJ Holdings (III) Pte. Ltd.
## Comprises stakes held through various holding companies.