What is the relationship between Singapore Power and Singapore in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

Competing bids AusNet is a listed Australian entity that is 31 per cent owned by Singapore Power and 19.9 per cent owned by State Grid Corporation of China (courtesy a Singapore sell-down).

Answer: headquarters_location