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ANNEX I Schedule of Brunei Darussalam Headnote ... - SICE

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SectorAllIndustryClassificationObligations Concerned National Treatment (Article 12.4)MeasureDescriptionAdministrativeInvestmentAll individual investors, apart from the Singaporegovernment, shall be subject to the following equityownership limits in the enterprises, and/or theirsuccessor bodies, as listed below:Singapore Technologies Engineering – 15 percentPSA Corporation – 5 percentSingapore Airlines – 5 percentSingapore Power, SP PowerAssets, SP Services,Power Gas – 10 percent.For the purposes <strong>of</strong> this reservation, ownership <strong>of</strong>equity by an investor in these enterprises and/ortheir successor bodies includes both direct andindirect ownership <strong>of</strong> equity.III-SG-3

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