YTL Power buying Singapore power plant for S$3.8b

KUALA LUMPUR: YTL Power International Bhd has proposed to acquire the 100% stake in Singapore’s PowerSeraya Ltd for an enterprise value of S$3.8bil from Temasek Holdings (Private) Ltd.

The company said on Tuesday that the S$3.8bil comprise of an aggregate consideration of S$3.6bil and an assumption of adjusted net debt of S$200mil.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News
Trading ideas: AirAsia X, Mega First, F&N, Mah Sing, NationGate, DXN, Capital A, Apex Healthcare, Lim Seong Hai, Southern Score, Mulpha, Kimlun, BWYS, Cabnet, Komark, Sentral REIT, Alpha IVF
MyDigital ID Phase 2 sandbox involves 18 banks
Wall St ends higher, buoyed by tariff relief, upbeat data
Guan Huat Seng slips on ACE Market debut
Cabnet wins RM15mil Johor electrical jobs
BNM keeps OPR at 2.75% as expected
AMS Advanced Material gets approval for listing
Cautious optimism amid macro uncertainty
CIMB wins plaudits for ESG,�inclusivity efforts
Elevated supply weighs on oil and gas industry

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.