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.
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.
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.
Indian Transport Minister Kamal Nath said he met with Temasek Holdings Pte to discuss the “idea” of setting up a fund to invest in roads, ports and airports as the country seeks to improve infrastructure.