30 June 2014
Mochtar Riady building, Integrity-3 
NUS Business School

National University of Singapore
15 Kent Ridge Drive Singapore 119245


Steen Thomsen, Professor of Corporate Governance at Copenhagen Business School


Ms Xie Qihua, Board Chairman of China Reform Holdings Corporation
Mrs Lim Hwee Hua, Author of "Government in Business - Friend or Foe" and Singapore Former Minister
Mr Nur Pamudji, President Director of PT PLN (Persero)
Mr Ravi Kant, Former Vice-Chairman of Tata Motors

Moderated by: Mr John Lim, Immediate Past Chairman of the Singapore Institute of Directors

Event Summary

On 30 June 2014, CGIO organised a roundtable on the theme of replicating Singapore’s Temasek model. The event attracted about 60 participants who were C-level executives, regional directors, NUS faculty members and students as well as experts of the field. 

Presenting key findings from his latest study entitled “The State as Shareholder: The Case of Singapore” which is sponsored by Chartered Institute of Management Accountants (CIMA), Professor Steen Thomsen touched on Temasek's ownership and governance of Singapore-listed Government-linked Companies and Government-linked REITs.

Thereafter, participants were treated to another round of intellectual feast as the panel discussion ensued with the distinguished panelists.  The moderator invited Mrs Lim to share her thoughts on the factors accounting for Temasek's success. Then, the rest of the panelists shared the state of corporate governance in SOEs in their respective countries - China, Indonesia and India - and the key differences between their SOEs and Temasek. The roundtable ended with a networking cocktail and dinner session where the guests continued discussing the challenges raised and debated during the roundtable.



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