09 Jun '11, 10am

[CNA] Temasek's Ho Ching stepping down?

[CNA] Temasek's Ho Ching stepping down?

SINGAPORE: Temasek Holdings has declined to comment on news circulating that its executive director and CEO Ho Ching will likely step down in August. The Financial Times (FT) newspaper reported on Wednesday Ms Ho Ching might leave the company at a time when the investment firm has turned around from losses from the financial crisis, "during which the value of its portfolio fell from S$185 billion to S$130 billion". "We decline to comment on the speculation," Temasek spokesperson Jeffrey Fang said in an email reply to MediaCorp. Temasek is expected to release its annual review for the year ended March 31 in early July. The FT report added it expects Temasek "to post gains on its portfolio of investments, making it possible for Ms Ho (Ching) to leave on a high note after eight years in charge". Analysts do not expect any significant changes in the investment firm even if Ms ...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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straitstimes.com 20 Jun '11, 8am

Ho Ching, Chief Executive of Temasek Holdings -- ST PHOTO: ARTHUR LEE CH SINGAPORE - HO CHING, the chief executive of Sing...