|
| ASEAN INDICES
|
| September 3, 2010 |
Market
|
Indices
|
Change
|
|
IDX
|
3,120.02
|
38.14
|
KLCI
|
1,433.06 |
-8.01
|
| PSEi* |
3,666.54 |
73.13
|
|
SGX
|
7.56
|
0.03
|
| SET
|
929.67
|
9.13
|
Source : Relevant bourses
Note : * 31 August 2010
|
| CURRENCY EXCHANGE |
| September 3,2010 |
| Currency |
US$
|
Euro |
| Singapore $
|
|
1.32 |
1.69
|
| Thai Baht **
|
| |
31.44
|
39.90
|
| Malaysia Ringgit |
| |
3.12
|
4.00
|
| Indonesia Rupiah |
| |
9,057.00
|
11,622.85
|
| Philippines Peso* |
| |
45.31
|
57.46
|
|
Source:Relevant central banks
Note: ** 31 August , *1 September 2010
|
|
ASEAN PROFILES
ASEAN KEY DESTINATIONS
|
September 16, 2008
Thai Glow to take 67% stake in Lao’s power plant
Thailand's Glow Energy, a unit of French utility Suez SA, said on Monday its board had approved plans to buy a 67.25 percent stake in a Lao power plant for $45 million, Reuters reported.
A subsidiary of Glow Energy will buy the stake in the Houay Ho plant from Stopper Finance B.V. and Suez-Energy Asia Co, which are subsidiaries of Suez-Tractebel, Glow Energy said in a statement.
The 152-MW Houay Ho hydropower plant has paid-up capital of $50 million and has a 30-year contract with the Lao government. Most of its power is sold to Thailand.
The purchase in Laos should help boost Glow Energy's net profit by 3 percent this year, finance chief Suthiwong Kongsiri has said.
Glow has the capacity to produce 1,708 MW of power, or 7 percent of Thailand's capacity, and 967 tonnes per hour of steam for industrial customers. It plans to boost power capacity by 50 percent by 2011 to meet rising demand.
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