Singapore’s Temasek Holdings has reported a 2.2 per cent drop in annual net portfolio value (NPV) in a pandemic-hit year as it unveiled preliminary performance and said it was ready to invest in opportunities arising from volatile market conditions.“Prior to the onset of the Covid-19 pandemic in the last quarter of the financial year ended 31 March 2020, Temasek’s NPV had been growing steadily and trending well,” Temasek said in a statement on Tuesday.The drop in Temasek’s portfolio value to S…
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