[sgbuffett]

PUB had said earlier that it would take over the Tuaspring plant for zero dollars - while waiving its compensations claims on the company - should Tuaspring fail to keep the plant reliably operational. This was to ensure that Singapore's water security was not compromised.

[sgbuffett]

I still find the sequence of events leading to govt gaining a billion dollar facility without paying a cent
...something quite remarkable

There is a lesson here for those doing business contracts to factor in unforeseen events.