Sunday, May 13, 2007

Singapore Owns more of Australia than Australia?

Wow .... I didn't know that, but according to the article the figures are :

Australian Government:
  • 17% stake in Telstra: $9.6 billion
  • Australia Post: $5 billion
  • Medibank Private: $1 billion
  • Australian Submarine Corp: $200 million
  • Total: $15.8 billion
VS

Singapore Government:
  • Optus: $10 billion
  • Alinta energy assets: $4.3 billion
  • Victorian electricity transmission monopoly: $2 billion
  • Old Texas Utilities Australian portfolio: $5.5 billion
  • Property: $2 billion
  • Australand stake: $1 billion
  • Total: $22.8 billion
I guess you do learn a new thing everyday ...

[From : Crikey - Singapore Owns more of Australia than Australia]

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