Privatisation and Capital Market Development in Asia OVERVIEW OF PRIVATISATION IN SINGAPORE Privatisation of major listed GLCs GLC % ownership % ownership before divestment after divestment SIA 77% 56.3% SingTel 100% 78.2% NOL 62% 32.6% Keppel Corp 58.5% 31.7% SNP Corp 100% 49.0%
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