The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 03-31-2025
Check here if Amendment    Amendment Number:
This Amendment (Check only one.):    is a restatement.
   adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Temasek Holdings (Private) Ltd
Address: 60B ORCHARD ROAD #06-18
THE ATRIUM@ORCHARD
SINGAPORE, U0  238891
Form 13F File Number: 028-13088
CRD Number (if applicable):
SEC File Number (if applicable):

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Jason Norman Lee
Title: Authorised Signatory
Phone: 65-6828-6358
Signature, Place, and Date of Signing:
/s/ Jason Norman Lee SingaporeU0 05-15-2025
[Signature] [City, State] [Date]
Report Type (Check only one.):
   13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
   13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
X 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD 028-14097     0001219573
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 30
Form 13F Information Table Entry Total: 128
Form 13F Information Table Value Total: 24,844,856,498
(round to nearest dollar)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
1 Aranda Investments Pte. Ltd. 028-17255     0001666144
2 Alberta Investments Pte. Ltd. 028-22962     0001962781
3 Seletar Investments Pte Ltd 028-13095     0001434867
4 Evans Investments Pte. Ltd. 028-17259     0001666149
5 Temasek Capital (Private) Ltd 028-13090     0001434866
6 Ossa Investments Pte. Ltd. 028-20819     0001810133
7 Hotham Investments Pte. Ltd. 028-20818     0001810114
8 TLS Beta Pte. Ltd. 028-19223     0001673754
9 V-Sciences Investments Pte Ltd 028-15905     0001379350
10 Temasek Life Sciences Private Ltd 028-15907     0001379349
11 Munday Investments Pte. Ltd. 028-15904     0001512375
12 Canhill Investments Pte. Ltd. 028-13098     0001434871
13 Ixora Investments Pte. Ltd. 028-17256     0001666721
14 Fullerton Management Pte Ltd 028-13103     0001379348
15 Ellington Investments Pte. Ltd. 028-19227     0001766188
16 Bartley Investments Pte. Ltd. 028-19228     0001735865
17 Dahlia Investments Pte. Ltd. 028-15196     0001568351
18 Anderson Investments Pte. Ltd. 028-19221     0001767731
19 Thomson Capital Pte. Ltd. 028-15195     0001568354
20 Esta Investments Pte. Ltd. 028-15912     0001599334
21 Tembusu Capital Pte. Ltd. 028-14163     0001512449
22 Birchtree Fund Investments Private Ltd 028-20817     0001841292
23 Hong Lim Fund Investments Pte Ltd 028-25122     0002053372
24 Fullerton Fund Investments Pte Ltd 028-15193     0001568353
25 Robson Investments Pte. Ltd. 028-25119     0002053398
26 Alsek Investments Pte. Ltd. 028-25117     0002053304
27 Whitecap Investments Pte. Ltd. 028-25123     0002053341
28 Waddington Investments Pte. Ltd. 028-25121     0002053227
29 Antero Investments Pte. Ltd. 028-25118     0002053326
30 Temasek Capital (Americas) Holdings Pte. Ltd. 028-25120     0002053370