WHEN shareholders in Perth-based energy utility Alinta Ltd gather to vote on the $15 billion carve-up of the company on August 13, few of them will realise the remarkable historical event they will trigger.http://www.theage.com.au/news/opinion/eaten-by-singapore/2007/07/21/1184560106866.html
In accepting $4.5 billion of cash from Singapore Power for a suite of Australian electricity and gas distribution assets, Alinta shareholders will lift the total value of Australian business assets controlled by the Singapore Government to almost $30 billion.
This will exceed the value of commercial assets owned by our own Federal Government, which is surely an unprecedented situation for any First World country. How can a foreign power own more of Australia than our own government?
australia merge INTO SgOriginally posted by crazy monkey:when sg merge with australian ?![]()
Well ....You are certainly most welcomed if you are branded as the "Elites".Originally posted by digicharat:way to go lao lee!
you finally going to buy australia liao?
but then, will we be allowed to set foot into australia country club?
I couldn't avoid a laugh at this.Originally posted by miserable:Well ....You are certainly most welcomed if you are branded as the "Elites".![]()
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Else you,peasant just stay in Singapore and listen to Lionnoisy's blarneys on how wonderful thy country is, in comparison to Aussie Land.![]()
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Sydney or Canberra already has their presence.. London too.Originally posted by sbst275:Heard ComfortDelGro wants to step into Melbourne as well
Wait a sec...Originally posted by LazerLordz:Sydney or Canberra already has their presence.. London too.![]()