GOVERNMENT-LINKED COMPANIES AND LAS VEGAS SANDS
Parliament of Singapore · 3 February 2009
Official Report, 3 February 2009, Vol 85, Issue 9 · Open in the reader (summaries, search, filters)
GOVERNMENT-LINKED COMPANIES AND LAS VEGAS SANDS:
(Investing in business of Las Vegas Sands):
* 2. *Dr Loo Choon Yong asked the Minister for Finance whether any Government-linked company (GLCs) or agency has directly or indirectly invested in the business of Las Vegas Sands, its subsidiaries, associated companies or associated entities.
(for the Minister for Finance): The Government does not disclose specific investments made by its agencies. GIC and Temasek make their own investment decisions on a
Column: 1379
purely commercial basis. Temasek, however, makes it a practice to disclose all investments of significance, and its listed subsidiaries are required to do so by regulations.
If the Member is asking whether the Government has directed or suggested to any of its agencies or companies linked to it, that they should invest in Las Vegas Sands or its subsidiaries and associated entities, the answer is a categorical, "No".
Source: Singapore Parliament Official Report (Hansard) for 3 February 2009. Republished on SGParliament.