Temasek reports preliminary portfolio value of $214b, 2.2% lower than last year

Temasek reports preliminary portfolio value of $214b, 2.2% lower than last year

Signage for Temasek Holdings Pte is displayed in the lobby at the company's headquarters in Singapore. Photographer: Bryan van der Beek/Bloomberg

Singapore state-owned investment company Temasek Holdings on Tuesday said its net portfolio value (NPV) slipped 2.2 per cent on-year to around S$306 billion, or $214 billion, by the end of March as the global pandemic weighed heavily on financial markets.

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