Spot the diff in Temasick charters

[makapaaa]

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Coffeeshop Chit Chat - Spot the diff in Temasick charters</TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt22 <NOBR>

</NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>1:45 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>19879.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>CHARTER 2002
A refinement of Temasek's relationship with the Government and its stance on portfolio companies

Temasek Charter (2002)

Temasek Holdings holds and manages the Singapore Government's investments in companies, for the long-term benefit of Singapore.
By nurturing successful and vibrant international businesses from its stable of companies, Temasek will help to broaden and deepen Singapore's economic base.
Temasek will work with its companies to:
Values
Promote and maintain a strong culture of integrity, meritocracy, excellence and innovation;
Focus
Foster a strong focus on core competence, value creation, customer fulfilment and shareholder returns; and divest non-core businesses, so as to maximise long-term shareholder benefit;
Human Capital
Nurture and cultivate a strong and internationally competitive cadre of board and management leadership, as well as outstanding employees to build successful businesses;
Sustainable Growth
Support and institutionalise high standards of business leadership, financial discipline, operational excellence and corporate governance to achieve scalable and sustainable growth; and
Strategic Development
Shape strategic developments, including consolidations, mergers, acquisitions, rationalisation or collaborations as appropriate, to build significant international or regional businesses.
Temasek will divest businesses which are no longer relevant or have no international growth potential.
Temasek may also, from time to time, invest in new businesses, in order to nurture new industry clusters in Singapore.



[email protected]

</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt width="24%" noWrap> Options</TD><TD class=msgrde width="50%" noWrap align=middle> Reply</TD><TD class=wintiny width="25%" noWrap align=right> </TD></TR><TR><TD class=msgbfrbot> </TD><TD colSpan=3> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[makapaaa]

<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"></TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt22 <NOBR>

</NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>1:45 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right>(2 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"></TD><TD class=wintiny noWrap align=right>19879.2 in reply to 19879.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>CHARTER 2009
Temasek Charter (Now)
Temasek Holdings is an investment company managed on commercial principles to create and deliver sustainable long-term value for our stakeholders.
Temasek is an active value-oriented investor and may increase, reduce or hold its investments in companies or other assets, or pioneer innovative products or businesses in order to create and maximise shareholder value.
Temasek is an active shareholder and aims to achieve sustainable returns by engaging the boards and managements of its portfolio companies to:
Values
Foster a deep culture of integrity, meritocracy and excellence;
Focus
Maintain a clear focus on core competence, customer fulfilment, innovation, commercial discipline and consistent value creation;
Human Capital
Cultivate high calibre board and management leadership, as well as committed and responsible employees;
Sustainable Growth
Institutionalise superior business leadership, financial discipline, operational excellence and sound corporate governance;
Strategic Options
Create strategic options to build significant international or regional brands or businesses.
Temasek is a responsible corporate citizen and is committed to contributing part of its returns to encourage the growth and development of the wider community.



[email protected]


</TD></TR><TR><TD></TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"></TD><TD class=msgopt width="24%" noWrap> Options</TD><TD class=msgrde width="50%" noWrap align=middle> Reply</TD><TD class=wintiny width="25%" noWrap align=right></TD></TR><TR><TD class=msgbfrbot></TD><TD colSpan=3></TD></TR></TBODY></TABLE>

 

[makapaaa]

Keywords highlighted in red are removed in the new charter. Temasick ceases to belong to Sporns in a single stroke. There's no need for the board to be competitive anymore. Hence there's nothing wrong for a piece of stinking trash like Ho Jinx to continue to stay in it.

In short, Sporns are fcuked Period.


CHARTER 2002
A refinement of Temasek's relationship with the Government and its stance on portfolio companies
Temasek Charter (2002)
Temasek Holdings holds and manages the Singapore Government's investments in companies, for the long-term benefit of Singapore.
By nurturing successful and vibrant international businesses from its stable of companies, Temasek will help to broaden and deepen Singapore's economic base.
Temasek will work with its companies to:
Values
Promote and maintain a strong culture of integrity, meritocracy, excellence and innovation;
Focus
Foster a strong focus on core competence, value creation, customer fulfilment and shareholder returns; and divest non-core businesses, so as to maximise long-term shareholder benefit;
Human Capital
Nurture and cultivate a strong and internationally competitive cadre of board and management leadership, as well as outstanding employees to build successful businesses;
Sustainable Growth
Support and institutionalise high standards of business leadership, financial discipline, operational excellence and corporate governance to achieve scalable and sustainable growth; and
Strategic Development
Shape strategic developments, including consolidations, mergers, acquisitions, rationalisation or collaborations as appropriate, to build significant international or regional businesses.
Temasek will divest businesses which are no longer relevant or have no international growth potential.
Temasek may also, from time to time, invest in new businesses, in order to nurture new industry clusters in Singapore.

 

[hairylee]

They can write and change what they like, in the end they will tell you it is all asspirations.

 

[neddy]

They can write and change what they like, in the end they will tell you it is all asspirations.

At least they are slightly more transparent/honest.

They have lost all your money, what's left belong to them.

The company is run by a wicked stepmother.

They have no idea what to do to stop the money bleed, let alone recoup the money.

 

[Watchman]

They think it's a pre-school project !