The Malaysian Insider, 6 Aug 2012Singapore Exchange Ltd (SGX) said today it is buying a 49 per cent stake in the operator of the city-state’s wholesale electricity market.
The exchange is paying an initial S$17.64 million (RM44.09 million) for just under half of the Energy Market Company (EMC), which runs the National Electricity Market of Singapore (NEMS). Full story
Related:
Singapore Exchange steps into electricity sector - Xinhua
SGX Enters Electricity Market with 49 percent stake in Singapores Energy Market Company - TMCnet.com
