Ho Ching , chief investment officer of Temasek Holdings Pte , the Singapore state-owned investment company, will likely step down in August, the Financial Times said, citing people familiar with the matter.
When Carson Block likened Olam International Ltd. to fraud-ridden Enron Corp., he challenged more than the accounting of the Singapore-based commodities firm. He also took on Temasek Holdings Pte, the government-owned investment company whose money has helped build the city-state into a corporate dynamo known as Singapore Inc.
Temasek Holdings Pte, Singapore’s state-owned investment company, said the value of its assets climbed 3.8 percent to a record last fiscal year and profit more than doubled on increased contributions from its holdings.
Temasek Holdings Pte , Singapore’s state-owned investment company, named former Singapore Exchange Ltd . Chief Executive Officer Hsieh Fu Hua an executive director and president, making him one of the group’s top three managers.