Temasek chief Ho Ching extends sabbatical leave

Temasek Holdings said its chief executive officer Ho Ching has taken the option of extending her part-time sabbatical leave to six months.

Her sabbatical will be completed in October. She will continue with her board duties and specific stewardship duties, the Singapore investment company said in a statement on its website yesterday.

Temasek had announced in April that Ms Ho was to take three months of sabbatical leave. No reason was given.

Yesterday, Temasek said its president, Mr Lee Theng Kiat, will continue to cover all normal course of business at Temasek.

Earlier this month, Temasek Holdings reported that its net portfolio value grew by $43 billion to a fresh record of $266 billion for the year to March 31.

One-year total shareholder return was 19.2 per cent.

A version of this article appeared in the print edition of The Sunday Times on July 26, 2015, with the headline 'Temasek chief Ho Ching extends sabbatical leave'. Print Edition | Subscribe