SUBSCRIBERS
S'pore Power completes sale of Australian stakes
19.9% in SP AusNet, 60% in SPIAA sold to a unit of China's State Grid
Published Fri, Jan 3, 2014 · 10:00 PM
Singapore
SINGAPORE Power subsidiary Singapore Power International (SPI) has completed two landmark deals - earlier estimated to be worth a total of more than A$5 billion (S$5.63 billion) - for the sale of equity stakes in SP AusNet and SPI (Australia) Assets (SPIAA) to a unit of State Grid Corporation of China (SGCC).
Announcing the close of the transactions ye…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
New Articles
Vietnam holds first gold auction in 11 years to stabilise market
How Hudson Yards went from ghost town to office success story
Hot stock: Nanofilm jumps 13.1% amid heavy trading on improved Q1 results
Singapore banks lead market surge again on easing Middle East tensions; STI up 1%
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Cordlife calls for trading halt after shares sink to all-time low, pending announcement