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Union Gas may buy LPG businesses from parent Union Energy
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Annabeth Leow
Published Wed, Jun 17, 2020 · 09:50 PM
Singapore
LIQUEFIED petroleum gas (LPG) dealer Union Gas Holdings plans to buy LPG distribution, bottling and storage businesses from substantial shareholder Union Energy Corp, the board has disclosed in a bourse filing.
Catalist-listed Union Gas inked an exclusive, non-binding memorandum of understanding on Wednesday with Union Energy Corp, its sole supplier of bottled LPG cylinders.
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