Temasek Assets Reach $157B

Temasek Holdings has disclosed an increase of 3.8 % in its assets.

Temasek Holdings has disclosed an increase of 3.8 % in its assets, Bloomberg reports. The Singapore state-owned investment firm reported $157 billion in assets from $152.5 billion last year.

The firm also reported an increase in its net income to $10.4 billion from $3.7 billion a year earlier. Temasek’s net debt also reduced to $7.7 billion from $14.5 billion a year earlier.

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