EWC 7.14% 1.3¢ energy world corporation ltd

Ann: EWC v Standard Chartered Private Equity (Singapore) Pte Ltd, page-14

  1. 616 Posts.
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    Hi Jasmine 10,

    During 2006,EWC was involved in a similar case, when El Paso ‘sold’ its 47.5% holdings inthe Sengkang power plant to a third party without providing EWC with its optionre: ROFR. Protracted negotiations ensued (mediation and Federal Court) and, on15 September, 2006, EWC was able to purchase El Paso’s 47.5% interest in theSengkang power plant.

 
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