United Global enters Australia joint venture
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Michelle Quah
Singapore
CATALIST-LISTED United Global has entered into a joint-venture agreement that will see it involved in the importation and distribution of lubricant products in Australia.
United Global, a Singapore-based lubricant manufacturer and trader, said on Thursday that its wholly owned subsidiary, United Oil Company Pte Ltd, has entered into a shareholders' agreement with Australian companies, PFR Management Pty Ltd and DP United Pty Ltd, to incorporate a joint-venture (JV) company in Australia.
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