You are here

OEL acquiring firm in oil and gas business

Proposed 51% stake in Allied Resources part of diversification strategy
Thursday, July 2, 2015 - 05:50

Singapore

IN a bid to generate new income streams and to diversify from its businesses in shipyard operations and property management, Catalist-listed OEL (Holdings) has struck a deal to acquire 51 per cent of Allied Resources, an investment holding company with interests in the oil and

sentifi.com

Market voices on:

Powered by GET.comGetCom