Dear friends, residents, of Holland-Bukit Timah and Bukit Panjang, it is a very special moment for me to stand here before you in this field. I see so many of you here, including my father, my wife in the audience.

Just now, Mr Liang Eng Hwa said he was educated in Bukit Panjang English School. 57 years ago, my father and my mother were teachers in Bukit Panjang school. That’s where they met and as a result, I am here. The school has shifted a bit, but the actual site is Ten Mile Junction where the LRT is. Every time I drive past there, I am reminded that this place is special.

·        Both GIC and Temasek have made significant gains over time, not lost money:

During the 2008–09 global crisis, GIC and Temasek had significant falls in values of their portfolios -   like most other major investors. Their falls were less than the decline in the markets. 

However, GIC and Temasek had made much larger gains in the years before the crisis.  Hence, even during the crisis,  their portfolio values remained much larger than what they were even 5 years earlier.

manifesto_210411[3].pdf Download this file

These plans were co-created by our residents. Thank you all so much. We will do our best to deliver.