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JAC's restart impeded by messy stakeholder structure

If shareholders fail to agree on the way forward, S'pore's largest aromatics facility by capacity may be in for a financial nightmare: observers

Published Tue, Jun 9, 2015 · 09:50 PM

EDB

Singapore

AS of now, operations at the Jurong Aromatics Corporation (JAC) have been stalled longer than they have ever been running.

It has been almost a half year since JAC closed its petrochemical complex on Jurong Island for maintenance, having fallen victim to poor market conditions less than five months after its August 2014 launch.

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Companies & Markets

Companies & Markets

JAC's restart impeded by messy stakeholder structure

Companies & Markets

Chinese share of French EV market slumps after incentives curbed

ARA H-Trust Q1 net property income up marginally to US$6.4 million

HSBC has no plans to dispose of further businesses, chairman says

JPMorgan unveils IndexGPT in next Wall Street bid to tap AI boom

Morgan Stanley, Frasers settle UK lawsuit over US$1 billion margin call

Venture posts lower Q1 net profit of S$60.1 million on weaker demand

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