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Singapore's Temasek Holdings sets up Europe office in London

English.news.cn   2014-03-30 09:39:14

SINGAPORE, March 29 (Xinhua) -- Singapore's Temasek Holdings launched its Europe office on Saturday, the sovereign investment firm said.

The office will "support its investment interests in Europe, Middle East and Africa," it said.

"Our new office in London serves as a home base to advise Temasek on investment and partnership opportunities with growth companies here in Europe and further afield," the firm quoted its chairman Lim Boon Heng as saying.

Temasek Holdings currently has offices in Singapore, Brazil, China, India, Mexico and Vietnam. It said its new office in New York is expected to fully operational some time later this year.

Temasek was incorporated in 1974 and fully owned by the government. It owns a portfolio of 215 billion Singapore dollars ( 172 billion U.S. dollars) as of March 31 last year, with 71 percent of its underlying assets in Asia.

Editor: Luan
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