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Anonymous
While researching on stocks, I found that many articles emphasises when a stock is backed by Temasek Holdings, such as SingTel and SIA. I’d like to know why this is such a big deal? Thanks
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When things go sour for these companies, there's Papa Temasek to inject capital and/or lend at low-interest rates.
But i dont really like it, companies as an individual entity should rely on its own capabilities to survive and thrive. This could create a mental crutch for mgmt to rely too much on its parent when adversity hits. Also might tempt some investors to avoid exercising due diligence when analysing a particular stocked backed by a big stud