KUALA LUMPUR (AFX-ASIA) – Sime Darby Bhd’s purchase of a 50% stake in Island Power Holdings Pte Ltd is a positive move, OSK Research said. Island Power Holdings is developing a 715-megawatt (MW) combined cycle gas turbine power plant on Singapore’s Jurong Island. The deal calls for Sime Darby to pay IG Island Power BV…
MALAYSIA: Sime Darby Singapore power plant buy positive, but ‘neutral’ recommendation stays Ð OS
Posted on November 18, 2003 by EnergyAsia