SINGAPORE (July 2): Temasek Holdings typically reports its annual results in July but because of the Covid-19 outbreak which has disrupted business operations all over the world, many of its portfolio companies have postponed the reporting of their results.
As such, Temasek Holdings will delay its own reporting till September, says CEO Ho Ching in a Facebook post, where she also made clarifications on the “chatter” on Temasek’s portfolio amid campaigning for the country’s General Elections to be held next Friday.
Last July, Temasek reported a one-year return to shareholder of 1.49% for the financial year ended March 31 2019, and a ten-year return of 9%. Its sole shareholder is the Ministry of Finance.
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