2 Breaking News found.
  • Workers’ Party MPs file parliamentary questions on SWFs as Temasek write down of its $275m investment into FTX
    by News Worthy
    Nov 23, 2022
    Impacts

    SINGAPORE — Several Members of Parliament from the Workers’ Party (WP) have filed parliamentary questions (PQs) surrounding the Singapore Sovereign Wealth Funds (SWFs) for the upcoming Parliamentary sitting on 28 November, in light of the writing down of Temasek Holdings’ US$275 million into bankrup...

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  • As FTX collapses, Temasek becomes latest backer to write down $275 million funding
    by News Worthy
    Nov 17, 2022
    Impacts

    SINGAPORE (Reuters) - Singapore state investor Temasek Holdings said it would write down the value of its entire investment of $275 million in collapsed crypto currency exchange FTX, in the latest move by FTX's investors. "In view of FTX's financial position, we have decided to write down our full i...

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