Union Gas may buy LPG businesses from parent Union Energy
Add BT as a preferred source
Annabeth Leow
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
