Little Speck, 27 Aug 2008, Seah Chiang Nee
"The glowing Temasek report is greeted with cynicism from some Singaporeans stock traders.
“I don't know how the assets can still goes up when the banks stock value drops by billions. Who is doing the valuation?” asked ‘notcareful.”
Another blogger said on CNA forum: ““The chairman has chosen to miss out important facts and have not explained how Temasek grew its portfolio amid turmoil in financial markets".
He said since March a substantial number of major investments of Temasek has suffered further huge losses, many of them over 50% of the purchasing prices.”"
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