| Temasek Review 2011
Respect
“It is the foundation upon which we make friends internally and externally. Only through mutual respect can we accomplish our common goals.”
Cheng Tian
Senior Associate, China
Wealth Added Framework
The objective of creating sustainable wealth for our shareholder drives our investment strategy, capital allocation, performance measurement and incentive framework.
Investment Highlights
For the year ended 31 March 2011, we maintained our discipline of steady investment and divestment to reshape our portfolio. In all, we made S$13 billion of investments and S$9 billion of divestments.