Temasek Portfolio Lost Over S$40 Billion - Temasek CEO

The Wall Street Journal, 29 Jul 2009, P.R. VENKAT
SINGAPORE -- Singapore state-owned investment company Temasek Holdings Pte. Ltd.'s total portfolio value as of end-March fell more than 40 billion Singapore dollars (US$27.75 billion) from a year earlier, Chief Executive Ho Ching said Wednesday.
The Singapore government had said earlier this year that Temasek's overall portfolio had fallen by 58 billion Singapore dollars to 127 billion Singapore dollars from end-March to November of 2008.
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