Hockey okays China stake in SP AusNet

Written By Unknown on Jumat, 20 Desember 2013 | 12.59

FEDERAL Treasurer Joe Hockey has granted conditional approval for the world's largest electricity company to take a 19.9 per cent stake in Australian energy infrastructure firm SP AusNet.

State Grid Corporation of China will acquire the stake from Singapore Power International, after reaching an initial agreement in May 2013.

SP AusNet owns and operates electricity transmission, electricity distribution, and gas distribution networks in Victoria.

Singapore Power will remain its biggest shareholder, with a holding of about 31 per cent.

"Australia is open for business, and we welcome foreign investment when it is not contrary to the national interest," Mr Hockey said in a statement on Friday.

State Grid have also been granted approval to acquire 60 per cent of SPI (Australia) Assets and SPI (Australia) Trust, which trade as Jemena.

Jemena owns and operates electricity, gas and water assets in eastern Australia.

State Grid's application was approved on the condition that at least half of the members to be appointed by State Grid to the SP AusNet and Jemena boards are Australian citizens residing in Australia.

Shares in SP AusNet gained 2.5 cents, or 2.1 per cent, to $1.215.


Anda sedang membaca artikel tentang

Hockey okays China stake in SP AusNet

Dengan url

http://suarabisikan.blogspot.com/2013/12/hockey-okays-china-stake-in-sp-ausnet.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Hockey okays China stake in SP AusNet

namun jangan lupa untuk meletakkan link

Hockey okays China stake in SP AusNet

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger