FinanceAsia.com, 30 Jul 2009, Sameera Anand
At a lunch in Singapore yesterday Ho Ching, executive director and chief executive officer of Temasek Holdings, discussed Temasek's investment allocation strategy, compensation practices and current thinking about a new CEO after Chip Goodyear's shock exit a few days ago.
She emphasised that Temasek is a long-term investor, driven by enhancing long-term value. "We don't intend to raid the larder, nor sell the family jewels, for short-term gains," said Ho. "We will jealously guard our interests, and will invest, rationalise, consolidate or divest where it makes sense."
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