The year saw a steady but mixed return to global growth with a strong rebound in Asia.
Against a backdrop of structural economic imbalances, we strengthened and transformed our portfolio, investing and divesting steadily while maintaining our financial flexibility.
We remain focused on building our institution for the long term and deepening our commitment to the wider community in Singapore, Asia and beyond.
Our Portfolio by market value rebounded to S$186 billion.
Since inception, our Total Shareholder Return (TSR) was 17% by market value, or 16% by shareholder funds, compounded annually.
Group shareholder equity grew to S$150 billion.
We invested and divested steadily, while maintaining flexibility in anticipation of market opportunities.
We are a diverse international team of 380, sharing a strong culture of ownership and purpose.
We endowed S$170 million for the Singapore community, including endowments for health care and special needs.