agreed to sell fully-owned subsidiary PowerSeraya Limited to Sabre Energy Industries Pte Ltd for a total of S$3.8 billion. Sabre, a wholly-owned subsidiary of Malaysia’s leading power company, YTL Power International Berhad, will pay S$3.6 billion and assume S$201 million of adjusted net debt. The transaction is expected to be completed in early 2009. PowerSeraya…

This article is for Subscriber members only.
Register
Already a member? Log in here