When Chen Hui got up, he looked at the news of the establishment of Singapore Power Holding Group and smiled with satisfaction.

SPD Holdings was formed by the merger of three power companies, Tuas Energy, San Nogo Energy and Siraya Energy, with total assets of US$15 billion!

He secretly holds a total of 30% of the shares of Singapore Power Holdings, and if Singapore Power Holdings Group is relisted, the market will break through at least $10 billion!

These share prices will also be worth at least $3 billion!

For this 30% stake, Chen Hui spent a total of $2.8 billion!

At present, it has spent US$8.6 billion to acquire a 20% stake in Singtel Group, US$400 million to acquire a 20% stake in Singapore Tourism Group, and US$1.3 billion to acquire a 30% stake in Malaysia's Yang Chung Li Group!

After all, $13.1 billion has been spent now, and there are still $57 billion in HSBC's private deposit account!

Although it is a bit of a lot, it is worth it, because in the future, these companies will become enterprises under the Standard Chartered consortium!

Many of these companies have joined the Standard Chartered consortium and become permanent members of the Standard Chartered consortium board of directors, and their families have permanently shared the profits brought by the monopoly.

Because of the addition of these billionaires, the shares held by the Standard Chartered consortium in these companies will also increase.

"It's still too little to get control of three businesses now!",

At this time, Chen Hui received a call from Zhang Guoliang, chairman of Singapore Power Holding Group.

On the phone, Zhang Guoliang said excitedly: "Mr. Chen, the three power companies have announced the merger!", now Tuas Energy, San Noko Energy and Siraya Energy, the three power companies have announced the establishment of Singapore Power Holding Group, and he has become the chairman of Singapore Power Holding Group!, holding 3% of the shares!

The people of Singapore's sovereign wealth fund have been swept away from the management of Singapore Power Holdings!

Just thinking about it makes him excited, and his desire to integrate the three power companies together for many years has finally come true!

His heart is especially grateful to Chen Hui for his support!

And he will also be a permanent member of the Standard Chartered Consortium Council!

Chen Hui nodded and said, "Lao Zhang, you have done a good job!" I believe that you will do better and better in the future, and the power industry will depend on you!" In fact, many people have wanted to integrate the three power companies together over the years, but Singapore's sovereign wealth fund and the previously bankrupt Temasek Holdings have not agreed, for fear that the electricity price market will be completely monopolized, so to let the three power companies compete with each other, resulting in a waste of manpower, material resources, or high production costs, when the Singapore power company is saturated, the profits of the three power companies have barely grown!

Now that the three power giants in Singapore have finally merged into a Singapore power giant, Singapore Power Holding Group will monopolize Singapore's electricity market in the future, and march internationally to export electricity!

Zhang Guoliang is a very talented person, and Chen Hui is also relieved to hand over Singapore Power Holding Group to him!

Thinking of this, Chen Hui said: "I'm just waiting for you to build Singapore Power Holding Group into the largest power group in Southeast Asia! With Standard Chartered Group, you don't have to worry about no loans! Don't worry about no financing channels!"

Chen Hui doesn't know how to run a company now, but he knows how to read people, if this person can't do it, he will be replaced directly.

At this time, Zhang Guoliang listened to Chen Hui's words, and felt the grace of knowing the encounter, and he couldn't help but have a sense of pride and ambition in his heart!

Standard Chartered Group provides abundant funds, and all of them are preferential loan interest rates, and can also help issue bonds, or sell corporate bonds, think about his vision for the future!

Entering the Standard Chartered system and becoming a member of the Standard Chartered Consortium, his family is tied to the Standard Chartered Consortium, and as long as the Standard Chartered Consortium is a large monopoly consortium, their family can enjoy the benefits forever.

So he said solemnly: "Mr. Chen, I will not let you down!"

After chatting for a while, Zhang Guoliang said: "Mr. Chen, I won't bother you, I'll be busy for a while!"

Chen Hui naturally knew what was going on, so he said: "Well, Lao Zhang, work hard, I won't treat your Zhang family badly!"

···

·· At noon, SPD held another press conference to announce that it would have its first fully liquefied natural gas-fueled power plant and be fully operational in July this year.

Its $1.2 billion 800-megawatt power plant on Jurong Island will start operations in July this year, which will provide customers with more competitive energy prices and services.

"With the opening up of Singapore's electricity market, more and more consumers are demanding better services and more competitive prices, and the group is well prepared to provide these consumers with tailor-made power solutions to enhance the added value of services," said Teo Kwok Leong, Chairman of SPD Holdings, "With the opening up of Singapore's electricity market, more and more consumers are demanding better services and more competitive prices." ”

In an email interview, he said that SPD has state-of-the-art technology and high-efficiency power plants, and that the liquefied natural gas used in the power plants is cheaper than pipeline natural gas and lower than high-sulphur fuel oil.

Eighty per cent of the fuel used by SP Holdings to produce electricity comes from natural gas imported from pipelines in Malaysia and Indonesia, and the remaining 20 per cent comes from fuel oil, solid waste and solar energy.

In 2010, the Singapore government commenced the construction of the Jurong Island LNG terminal at a cost of $1.7 billion to diversify Singapore's energy supply sources to expand its natural gas supply sources. Yesterday, the terminal's first and second storage tanks, as well as the main terminal, were completed and put into operation, with a capacity of up to 3.5 million metric tons of LNG per year.

Among them, the terminal provides 1.5 million metric tons of LNG per year to six power companies: Pacific Photovoltaic, San Noco Energy, Siraya Energy, Tuas Energy, SembCorp Cogen, and Keppel Merlimau Cogen. This accounts for about a quarter of Singapore's current gas imports through transmission pipelines.

SPD highlighted that its new power plant is the first in Singapore to be fuelled by liquefied natural gas instead of piped natural gas, in response to the Singapore government's policy of diversifying energy import sources.

At the same time, it was also revealed that the construction of the main plant of the power plant has been largely completed and has now entered the testing and acceptance stage. The power plant will commence operations in the fourth quarter of this year to supply electricity to consumers in Singapore. At that time, SPD Holding Group will offer the opportunity for power customers of their choice to subscribe to electricity solutions at crude oil or conventional fuel prices, with the possibility of a further 5% reduction in electricity prices in the future!

And it will lead to more jobs!!

··

Shocked Singapore again!

It is even more a slap in the face of the previous rumors about the increase in electricity prices!!

Fanned the previous news about the imminent mass layoffs of Singapore Power Holdings!

Those media and netizens who said that electricity prices have risen and layoffs have shut up and are dumbfounded!

It hurts hot on the face!

At the headquarters of Singapore's sovereign wealth fund, Lin Zhaojie's face was indescribable, his eyes were dull and he looked at the news, and muttered: "It's our mistake, and the price of electricity will be reduced?"

"Impossible!"