Temasek shortlists 5 in Senoko sale-sources

Reuters India
4 Aug 2008
By Foster Wong and David Lau

HONG KONG, Aug 4 (Reuters Basis Point) - Singapore government-owned investment firm Temasek Holdings Pte Ltd [TEM.UL] has shortlisted around five companies from preliminary bidding for its sale of Senoko Power Ltd, banking sources said.

France's GDF Suez (GSZ.PA: Quote, Profile, Research), Japan's Marubeni Corp (8002.T: Quote, Profile, Research), India's Tata Power Co Ltd (TTPW.BO: Quote, Profile, Research), Malaysia's YTL Power Bhd (YTLP.KL: Quote, Profile, Research) and the OneEnergy Ltd tie-up between Hong Kong's CLP Holdings (0002.HK: Quote, Profile, Research) and Japan's Mitsubishi Corp (8058.T: Quote, Profile, Research) are the shortlisted bidders, bankers told Reuters Basis Point, in a deal that market players have said could fetch about $3 billion.

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