Singapore
Results: 9
NO. | Year of initiation | Short case name | Summary | Outcome of original proceedings | Respondent State | Home State of investor |
---|---|---|---|---|---|---|
1 | 2020 | Akfel and I-Systems v. Turkey |
Investment: Investments in Akfel Group, a gas and power company, through a shareholding of 100% in Akfel Holding and of 50% in Akpol and ISystems Global B.V. (I-Systems Global), a company incorporated in Holland. Summary: |
Pending | Türkiye |
Netherlands Singapore |
2 | 2020 | AsiaPhos and Norwest v. China |
Investment: Investments in three phosphate mines in the Sichuan province. Summary: Claims arising out of the Government’s alleged expropriation of the claimants’ three phosphate mines in the Sichuan province, including through government directives to vacate and cease operations at two mining operations and the non-renewal of mining and exploration licences at another. |
Pending | China | Singapore |
3 | 2020 | Goh v. China |
Investment: Investments in several real estate development projects in Qingdao, a city in eastern China. Summary: Claims arising out of the Government’s alleged seizure of the claimant’s assets and interests in real estate development projects in the city of Qingdao. |
Pending | China | Singapore |
4 | 2019 | Kenon and IC Power v. Peru |
Investment: Shareholding in Kallpa Generación S.A. and Samay I S.A., local electric energy companies. Summary: Claims arising out of a regulatory agency’s withdrawal of an exclusive right the local subsidiary Kallpa had been awarded through a bid procedure in 2016 to provide a service related to the frequency of the power generation system, as well as changes to the calculation of transmission line tolls for energy generators, allegedly benefitting state-owned electricity companies to the claimants’ detriment. |
Pending | Peru | Singapore |
5 | 2018 | PACC v. Mexico |
Investment: Investments in a vessel charter business in Mexico. Summary: Claims arising out of certain actions by Mexican authorities that prevented the claimant and its subsidiaries from continuing to charter vessels to Pemex, Mexico’s national oil and gas company, thereby allegedly destroying the claimant’s investment. |
Decided in favour of investor | Mexico | Singapore |
6 | 2017 | Surfeit v. China (Taiwan) |
Investment: Summary: |
Pending | China | Singapore |
7 | 2016 | Oleovest v. Indonesia |
Investment: Summary: |
Discontinued | Indonesia | Singapore |
8 | 2004 | Cemex v. Indonesia |
Investment: Minority shareholding in a State-owned Indonesian cement firm. Summary: Claims arising out of the non-execution of claimant's contractual option to buy a majority shareholding in the State-owned entity in which it had invested, due to alleged local opposition by workers and politicians to a foreign takeover of the company. |
Settled | Indonesia | Singapore |
9 | 2000 | Yaung Chi v. Myanmar |
Investment: Shareholding in a joint venture company constituted with a State-owned corporation to operate a brewery and market its product. Summary: Claims arising out of the alleged seizure of the investor's property by armed agents of the Government and the freezing of certain bank accounts of the investor. |
Decided in favour of State | Myanmar | Singapore |