bpkoik

KUALA LUMPUR, Malaysia (AP) -- Malaysia's YTL Power International Bhd. is open to buying power plants in Singapore, its managing director said Tuesday.

YTL Power was interested in investing in all types of infrastructure projects, "especially in stable countries like Singapore," Francis Yeoh said on the sidelines of an economic conference.

His remarks follow a recent move by Singapore's state-owned investment company, Temasek Holdings Pte. Ltd., to revive the sale of three domestic power generation companies, possibly in the next 12 to 18 months.

The companies - PowerSeraya Ltd., Senoko Power Ltd. and Tuas Power Ltd. - supply about 90 percent of Singapore's power and have a combined generation capacity of 9,070 megawatts. Sale of the companies has been delayed several times since 1998.

In 2002, analysts estimated the companies were worth about 2 billion Singapore dollars (US$1.3 billion; €0.97 billion) each.

Outside Malaysia, YTL Power - a subsidiary of YTL Corp. - has power generation assets in Indonesia.

source: http://hosted.ap.org/dynamic/stories...07-10-02-54-05

wenchong1985

u think our government will sell? if we sell, they can anyhow play with us liao lo... why our government want to sell our power house, even want to sell , pls sell to a singaporean, singapore got so many many rich people

The Secret of our Esplanade:

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.




A site for all Final Fantasy series lovers

New updates: Singapore Cosplay Festival Photo Gallery

in
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.



To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

genzo2106

just wonder why Malaysia would want to buy our power plants?? Dn't they have their own in-country or can't they build one??:confused2:

Life is full of ups and downs. But one has to learn how to stand up on his own and continue his path to attaining enlightment...:mellow3: :mellow3:

My articles at HELIUM:mellow3:

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.