MAS lost $10 billion

[shctaw]

Most investment by GIC or Temasek are nominated in US dollar.

If US dollar weaken; even if the share price remain the same it will result in forex loss.

They are better off buying own shares in SGX.

 

[LITTLEREDDOT]

Koh Beng Seng was the one who exposed the Royal Lee's on their Nassim Jade extra eggs in char kway teow....
He malu the royal family you think got future in singapore?

It was Lim Hng Kiang. That's why Hairdo Lim got hentak kaki. From Finance portfolio to Chor Boh Lan Minister in PM's office. Pinky gave him a job in his office because both were old army buddy scholars.

 

[Liquigas]

It was Lim Hng Kiang. That's why Hairdo Lim got hentak kaki. From Finance portfolio to Chor Boh Lan Minister in PM's office. Pinky gave him a job in his office because both were old army buddy scholars.

No lah, Hairdo Lim is in the inner circle though he is keeping a very low profile. How could someone whom is not trusted be sitting on the board of GIC?