11.12.2008 - YTL Power International - YTL Power buys Singapore’s PowerSeraya
From Soughtcontent.wordpress.com: YTL Power (YTLP) together with its wholly-owned subsidiary Sabre Energy Industries Pte Ltd (SEI), has agreed to purchase 884.9m shares (100% equity interest) in PowerSeraya from Temasek Holdings for a purchase consideration of S$3.6bn (RM8.56bn). Based on PowerSeraya’s FY07 annual report, the company recorded an EPS of S$0.25/ share (RM0.59/ share), pegging the PER of the purchase at about 16x..... Full Article: Source