Friday, January 22, 2010

Singapore is now "Power-less"

Tanki:
Singapore sold away all its 3 power plants.

Power-Seraya to a unit of Malaysia's YTL Power International for $3.8
billion.

Tuas Power went to Chinese firm Huaneng for $4.23 billion.

Senoko Power sold to a consortium led by Marubeni Corp for $4 billion.

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WE HAVE NO POWER ASSETS LEFT.

SINGAPORE PETROLEUM COMPANY SOLD.

SINGAPORE PETROLEUM COMPANY sold to PETROLCHINA.

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HOUSING WENT UP DESPITE CRISIS but HDB Claims losing money.

Before the crisis, housing were lows but HDB dont have deficit.

In the crisis, housing went up by almost 30% within the year (directly
bought from HDB)

HDB CLAIMS $2 billion ($2,000,000,0000.00) deficit.

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