Last of Temasek’s power units sold for $3.8 billion to Malaysian company
Last of Temasek’s power units sold for $3.8 billion to Malaysian company Surprise sale of PowerSeraya to YTL Power unit after ‘unsolicited proposal’ By Gabriel Chen TEMASEK Holdings has stunned the market by announcing that it has sold electricity generator Power-Seraya to a unit of Malaysia’s YTL Power International for $3.8 billion. This came just a week after the Singapore investment company said it would shelve tender plans for PowerSeraya, owing to ‘market conditions’. Market t
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