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CAO eyes more acquisitions

China and Europe are key markets in group's bid to double its 2012 gross profits by 2020
Saturday, October 4, 2014 - 05:50

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MR MENG: 'Only after you become an integrated player do you then become competitive'

Singapore

CHINA Aviation Oil (Singapore) Corporation (CAO), which has set out a goal to double its 2012 gross profits by 2020, is on the prowl for more acquisitions to augment its growth.

"The investments so far are still not enough to meet our target," its chief executive Meng

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