Paid millions but still screwed up

[LITTLEREDDOT]

Singapore's Temasek mulls three-way split, Bloomberg News reports​

By Reuters
August 20, 2025

A man passes a logo of state investor Temasek Holdings at their office in Singapore July 8, 2014. REUTERS/Edgar Su/File Photo Purchase Licensing Rights, opens new tab

Aug 20 (Reuters) - Singapore's Temasek (TEM.UL) is weighing a reorganisation into three investment vehicles, as the state owned investor looks to improve returns and efficiencies, Bloomberg News reported on Wednesday.

One unit would focus on the biggest local holdings such as flag carrier Singapore Airlines (SIAL.SI), opens new tab while the other would largely look at foreign investments, the report added, citing people familiar with the matter.


A third unit would include all of Temasek’s fund investments.

Temasek did not immediately respond to a Reuters request for comments.

The state investor, which currently allocates responsibilities by region and asset class, is considering the revamp to allow executives to sharpen their focus and improve performance, the report said.

A decision could be unveiled in the coming months, though the plan might be rolled out earlier, according to the Bloomberg report.

 

[50000]

Singapore's Temasek mulls three-way split, Bloomberg News reports​

By Reuters
August 20, 2025

creating more useless C-suite jobs to suck up our money

 

[True Believer]

Dr Tan See Leng used to earn $11.9 million per year (including bonuses) at Parkway Pantai. Yet business was down by 35% under his watch in his second last year as CEO.