SeaTown, a S$4 billion investment firm, will continue to build on its foundation and all the good work that has been put in place over the past year, Temasek said. It added: “Its mandate and strategy as an investor does not change with this leadership transition.” Temasek Holdings has appointed Jimmy Phoon as CEO of its investment unit SeaTown Holdings from August 1. Mr Phoon will succeed co-CEOs, Charles Ong and Nasser Ahmad. The investment firm said in a statement that Mr Ong will return to
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SeaTown CEO Jimmy Phoon