SINGAPORE, Sept 18, 2007 (AFP) - The credit ratings agency Standard and Poor's on Tuesday affirmed its top AAA long-term corporate credit rating with a stable outlook for Singapore's state-linked investment firm Temasek holdings.
Temasek controls some of Asia's best-known companies including Singapore Airlines, Chartered Semiconductor, Neptune Orient Lines, port operator PSA International and Singapore Telecommunications.
SINGAPORE, Aug 2, 2007 (AFP) - State-linked Singapore investment firm Temasek Holdings said Thursday net profit fell 29 percent in the year to March, partly because of the impairment of its investment in Thailand's Shin Corp.
Net profit in the year to March 31 was 9.1 billion dollars (6.0 billion US), down from 12.8 billion dollars a year ago.
Revenues declined to 74.6 billion dollars from 79.8 billion dollars the previous year, Temasek said.