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Chitchat Son works in SF (Silicon Valley) and mother opens office in SF

scroobal

Alfrescian
Loyal
No need to take leave, airfare and expenses all paid.


https://e27.co/temasek-holdings-expands-us-presence-launch-san-francisco-office-20170217/

Temasek Holdings expands US presence with launch of San Francisco office
It previously opened a New York office in 2014

Singapore government-backed investment company Temasek Holdings has officially opened an office in San Francisco — expanding its US presence after it opened an office in New York in 2014.

In an official press release, Temasek said the San Francisco office will be cultivating relationships and looking at deals within the Bay area — especially in Silicon Valley — and beyond.

The Singaporean sovereign wealth fund’s new office will also work closely with its sister branches in the region. This includes New York, Mexico City and São Paulo in Brazil.

“We recognise that opportunities arising from the East Coast and the West Coast are diverse and unique, and have always intended to have an office in San Francisco alongside our New York office,” said Temasek’s Joint Head of North America, John Vaske, in an official press statement.

“We have been stepping up our US investments, and our exposure to North America has grown to 10 per cent of our portfolio as of March 31, 2016. The opening of our San Francisco office comes at a time where we see increasing opportunities in areas such as technology, healthcare, life sciences and agriculture, as well as early stage investments,” he added.

Also Read: Key takeaways from the Google Temasek e-commerce report

Incorporated in 1974, Temasek Holdings has grown from just investing in just Singapore companies to becoming an active international investor covering Asia, Europe, and the Americas.

It has a portfolio of investments worth of S$242 billion (US$180 billion), which include notable tech unicorn companies such as Airbnb and PayPal.
 

theblackhole

Alfrescian (InfP)
Generous Asset
Singapore investment is the best in the world
it reflects intelligence and concern for the people of Singapore
we have a great investment governance
great to be safe and live in the worlds best city
don't kpkb anyhow
 

red amoeba

Alfrescian (Inf)
Asset
Here u r an idiot claiming singapore steal jobs. There you go putting money in his backyard. Use warm face kiss cold buttocks.
 

CoffeeAhSoh

Alfrescian
Loyal
http://www.temasek.com.sg/mediacentre/newsreleases?detailid=25703




Temasek expands footprint in North America with San Francisco office


Complements existing presence in New York to tap
on investment opportunities in the West Coast

16 February 2017

SAN FRANCISCO, 16 February 2017 – Singapore-based investment company, Temasek, officially opened its San Francisco office today, marking the occasion at a reception attended by guests and partners from the Americas, as well as Europe and Asia. The opening follows the establishment of its London and New York offices in March and June 2014 respectively.

Temasek’s expanded presence in North America reflects the growing investment opportunities in the region. The teams working from the office in San Francisco will complement those working in New York, as well as closely collaborate with Temasek's offices in Mexico City and São Paulo in Brazil. The San Francisco office will serve as a gateway to investment opportunities and facilitate the deepening of relationships within the Bay area and beyond.

Reflecting on these opportunities, Mr Lim Boon Heng, Chairman of Temasek Holdings, commented, “Many companies we look at here in the US are developing products and services that cater to users beyond the domestic market. They play to the changes in demographics in places like Asia and Latin America. We see a continuing focus on sectors that are a natural complement to what this region does well – technology, life sciences, and particularly, the congruence of the two”.

Incorporated in June 1974, Temasek has grown from its initial portfolio of mostly Singapore companies to become an active investor in Asia, Europe and the Americas. Its portfolio of S$242 billion (US$180 billion), as at 31 March 2016, included an increasing 20% exposure to assets in Europe and the Americas. Some of its investments in the US include Verily Life Sciences, a life sciences research and engineering organisation owned by Alphabet Inc; VoloAgri, a developer of high value proprietary hybrid vegetable seeds; PayPal, a digital payment service provider operating in more than 200 markets worldwide; SoFi, an online personal finance company; and Airbnb, a global marketplace for travel accommodation.

“As an active investor and shareholder, Temasek takes a long view on our investments and actively invests to deliver sustainable value over the long term. We believe the continuing transformation of economies around the world will provide opportunities to strengthen and deepen our portfolio of companies playing a role in that transformation, even against an increasingly challenging macro environment"," said Mr Lee Theng Kiat, CEO of Temasek International.

“The opening of our San Francisco office underscores the importance of North America as an investment destination for us. It will work closely with our offices in New York, Mexico City and São Paulo in Brazil to cover both North and Latin America. As a global investor, we will look to these offices, including our London office for Europe and Africa, to provide a lift for our portfolio beyond Asia,” Mr Lee added.

Temasek’s Joint Head of North America, John Vaske, emphasised that the Bay area offers tremendous opportunities.

“We recognise that opportunities arising from the East Coast and the West Coast are diverse and unique, and have always intended to have an office in San Francisco alongside our New York office. We have been stepping up our US investments, and our exposure to North America has grown to 10% of our portfolio as of March 31, 2016. The opening of our San Francisco office comes at a time where we see increasing opportunities in areas such as technology, healthcare, life sciences and agriculture, as well as early stage investments.

Over the years, we have been constantly engaging our friends in the US, and have gained valuable experiences and insights. Having our feet on the ground now allows us to broaden and strengthen these valued relationships, especially those in the Valley. It enables us to deepen our engagement, not just with the vibrant ecosystem of startups, technology companies and the business community, but also the wider community, here in the US,” he said.

The opening of Temasek’s San Francisco office was also marked by the second meeting of its Temasek Americas Advisory Panel, which was launched in June 2016. The Panel comprises pre-eminent business leaders with deep experience, insights and perspectives on significant industry, economic, social and political trends, with a focus on the Americas.

- ENDS -
 

CoffeeAhSoh

Alfrescian
Loyal
Bet how many billions will this aunty lose big time



Japanese tycoon vows to invest US$50bn in the US


2016-12-07 HKT 12:40




Japanese tech billionaire, Masayoshi Son, says he will invest US$50 billion in new startups in the US, following a meeting with president-elect, Donald Trump. He also committed to creating 50,000 new jobs in the country.

Son is the founder and chief executive of SoftBank, one of Japan's largest technology outfits, which owns the US mobile carrier Sprint.

He left Trump Tower in New York after being escorted down the elevator by Trump, who touted the pledge before waiting investors.

"We are going to invest US$50 billion in the US and commit to create 50,000 new jobs", Son told reporters. "We [will] invest into the new startup companies in the United States".

Trump quickly took credit for Son's commitment on Tuesday, writing on Twitter: "Masa said he would never do this had we [Trump] not won the election!"

"I just came to celebrate his new job", Son said. "Because he said he would do a lot of deregulation..I said this is great, the US will become great again".

Financial details about Son's commitment and its time frame remain unclear.

Sprint spokesman, Dave Tovar, referred questions to Softbank. Foxconn, whose logo was next to Softbank's on a piece of paper Son was carrying, also did not answer questions.

Trump plans to meet with leading tech executives next week, a group that will include venture capitalist Peter Thiel – one of Trump's few supporters in Silicon Valley – and the Chief Executive Officer of Cisco Systems, Chuck Robbins. (AP)
 

CoffeeAhSoh

Alfrescian
Loyal
Taiwan’s Foxconn confirms US investment talks after Trump's SoftBank deal



40793676_-_07_12_2016_-_us-politics-trump.jpg

President-elect Donald Trump and SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son speak to the media in the lobby of Trump Tower on Dec 6, 2016 in New York.PHOTO: AFP


PUBLISHED DEC 7, 2016, 5:41 pm



TAIPEI (AFP) – Taiwan’s tech giant Foxconn confirmed Wednesday (Dec 7) it is in “preliminary discussions” over a new US investment after President-elect Donald Trump announced a US$50 billion (S$71.2 billion) deal with Japan’s SoftBank that would also involve the firm.

Trump made the announcement about the SoftBank deal – which he said would bring 50,000 jobs – in the lobby of Trump Tower in New York, alongside SoftBank’s flamboyant chief executive Masayoshi Son.

Son brandished a document featuring the names of his firm and Foxconn which read: “Commit to invest US$50bn + US$7bn in US, generate 50k + 50k new jobs in US in next four years.”


Foxconn confirmed in a statement it is “in preliminary discussions regarding a potential investment” that would expand its current US operations, although the scope has not been determined.

“We will announce the details of any plans following the completion of direct discussions between our leadership and the relevant US officials. Those plans would be made based on mutually-agreed terms,” the statement said.
 

borom

Alfrescian (Inf)
Asset
Son works in SF (Silicon Valley) and mother opens office in SF-pardon my ignorance, who is the son and mother?

'Temasek takes a long view on our investments and actively invests to deliver sustainable value over the long term" -can any one
also explain what is meant by long term?-10 ,20 ,30 years than show profits also OK?
 
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