Temasek's net portfolio value jumps S$49 billion to hit record S$518 billion

Singapore state investor Temasek's net portfolio value jumped S$49 billion to a record S$518 billion for the financial year ending Mar 31, mainly due to strong performance of listed Singapore-based companies and gains from key divestments. This is also nearly double the value from 10 years ago. AI currently makes up 6% of Temasek's holdings, and it is looking to increase that to up to 15% by 2031. Ivy Chok reports.