Written by Trixie Yap, Siyi Liu and Chen Aizhu
Five people on the knowledge of the issue said that Singapore (Reuters) -chemicals and new energy, plans the new operator of the Pocom Repetition Complex, to provide bids to the Exxon Mobil gasoline stations in Singapore, where the refinery searches for retail fuel outlets.
Two of the sources said that the sale of retail outlets, Exxon Mobil, is entering the official bidding phase with binding offers in May. They said that a network of 58 gasoline booths is estimated at about one billion dollars, although any of the initial bids did not exceed this level.
The same exporters said that the sale attracted the attention of private stock companies and asset managers, although it is not clear which financial companies are planning to provide bids.
The sale will celebrate the exit from the fuel sector in Singapore in Singapore, where the government plans to reduce land transport emissions by switching to electric cars. In 2023, Exxon sold gas stations in Thailand to Panchat oil for $ 603 million.
The two sources said that the UK Bank Barclays recommends Exxon Mobil on the deal. All people who spoke about this rejected his name because they are not a year.
Exxon spokesman said the company is not commenting on market speculation. Barclays and ASTER chemicals also refused to comment.
ASTER, the joint venture between the Chandra Group in Indonesia and Gleencore Global Territory, recently acquired the origins of crows and petrochemicals in Singapore in a deal that excluded gasoline stations in energy.
“We are constantly evaluating market opportunities, as it is in line with our strategic priorities,” Asttar spokesman said in an e -mail response.
(Pearporting by Trixie Yap, Liu, Chen Aizu and Yezu Ngu;
https://media.zenfs.com/en/reuters-finance.com/a65ba31bc1c6942058795a169b192519
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