Singapore's second largest utility firm PowerSeraya Ltd, together with Malaysian parent YTL Power, is seeking to expand its operations, which could include selling utilities, fuel trading, and oil storage, in the region.
Malaysia's construction power conglomerate YTL Corp, bought PowerSeraya from Singapore state investor Temasek Holdings in December 2008 for S$3.8bil.
YTL Power International Bhd's businesses include power generation in Malaysia and Indonesia, power transmission in Australia and provision of water and sewage services in the UK.
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