Sunday, July 29, 2007

Australia Eaten by Singapore !!



I received the above news clipping from a fellow Singapore ! Rather interesting fact that many Singaporean like me are unaware of our country's investment in Australia .
Just to name a few :-

Singapore has an investment of $4.5 billion of cash from Singapore Power for a suite of Australian electricity and gas distribution asset, ALINTA shareholders will lift the total value of Australian business assets controlled by Singapore Government to almost 30 billion. This will exceed the value of commercial assets owned by 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 .

Planes,child-carecentres,shoppingcentres,satellite,hotels,power lines,phone:Singapore owns all that and more in Australia, yet this is barely mentioned in public debate .

SINGAPORE owned these companies here !!

Optus,Myer Melbourne,and large parts of the old State Electricity Commission of Victoria .

SINGAPORE has a private wealth of $ 8130 billion here .

SINGAPORE POWER acquired $5.1 billion in TXU's Australia energy portfolio.

SINGAPORE own 50% of ActewAGL-the company that keeps the lights on at Parliament House in Canberra.

SINGAPORE owns the Park Hyatts Hotel in Melbourne ,along with Sydney's Queen Victoria Building and the Strand Arcade .

Recent speculation that Singapore will buy into westfield's DONCASTER shoppingtown to help fund a $400 million redevelopment .

ABC learning is also Singapore owned !

AUSTRALAND is Capital Land has controlling interest in the property development that built the Commonwealth Games village. This is worth now $1.1 billion .




to be continued .......

No comments: