Temasek Holdings Invested in FTX

https://www.forbes.com/sites/chasewithorn/2022/11/10/exclusive-these-investors-stand-to-lose-the-most-from-ftxs-implosion/?sh=6cc6c4862670

https://en.wikipedia.org/wiki/Temasek_Holdings

Hmm, estimated US$205 million gone, so it's around SG$281 million... it's a huge amount for me but compared to Temasek's SG$403 billion portfolio, it's just 0.05%. This damn FTX, hai si so many people.

TEMASEK

Stake in FTX: 1%

Est. amount invested: $205 million

Value at January 2022 peak: $320 million

An investment company owned by the government of Singapore, Temasek is the second-largest outside investor on the capitalization table, with 7 million shares. The $297 billion (assets) business, which owns big stakes in Singapore’s DBS Group and Singapore Airlines, invested in all three of FTX’s major funding rounds. With its $320 million stake on the brink of being worthless, a Temasek spokesperson told Reuters on Wednesday that they were “aware of the developments” and were “engaging FTX in our capacity as shareholder."


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