Singapore Telecommunications

Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, 137 kilometres north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau... Islands by the Singapore Strait to its south. Singapore is highly urbanised but almost half of the country is covered by greenery. More land is being created for development through land reclamation. Singapore had been a part of various local empires since it was first inhabited in the second century AD. Modern Singapore was founded as a trading post of the East India Company by Sir Stamford Raffles in 1819 with permission from the Sultanate of Johor. The British obtained full sovereignty over the island in 1824 and Singapore became one of the British Straits Settlements in 1826. Singapore was occupied by the Japanese in World War II and reverted to British rule after the war. It became internally self-governing in 1959.
more

Temasek Holdings is an investment company owned by the government of Singapore. With an international staff of 380 people, it manages a portfolio of about S$193 billion at end of March 2011, focused primarily in Asia. It is an active shareholder and investor in financial services, telecommunications & media, technology, transportation, industrials, lifesciences, consumer, real estate, energy & resources. Temasek is one of a few global... firms with the highest corporate credit ratings by both Standard & Poor's and Moody's, of AAA and Aaa respectively. It has also attained perfect scores quarterly on the "Transparency Index for Sovereign wealth funds", a measure of the openness of government-owned investment funds. In addition, the Government of Singapore has another investment arm, the substantially larger Government Investment Corporation , which invests primarily the country's foreign reserves. Temasek has claimed that it is not strictly a sovereign wealth fund, in the sense that it "has to sell assets to raise cash for new investments and doesn't require the government to give approvals".
more