CAO to invest in oil storage terminal in Yeosu, Korea
• CAO to invest US$32 million for 26% equity stake in joint-venture company
• Investment to strengthen CAO’s ability to ensure jet fuel supply and add trading value
http://info.sgx.com/webcoranncatth.nsf/V...300358D28/$file/CAO_Media_Release_Project_Seagull.pdf?openelement [Press Release]
http://info.sgx.com/webcoranncatth.nsf/V...300340564/$file/CAO_SGX_Announcement_Project_Seagull.pdf?openelement [SGX Announcement]
A second green field project secured in a week and the appointment of a newly created COO position is certainly a positive sign for CAO trading business prospects.
(Not Vested)
• CAO to invest US$32 million for 26% equity stake in joint-venture company
• Investment to strengthen CAO’s ability to ensure jet fuel supply and add trading value
http://info.sgx.com/webcoranncatth.nsf/V...300358D28/$file/CAO_Media_Release_Project_Seagull.pdf?openelement [Press Release]
http://info.sgx.com/webcoranncatth.nsf/V...300340564/$file/CAO_SGX_Announcement_Project_Seagull.pdf?openelement [SGX Announcement]
A second green field project secured in a week and the appointment of a newly created COO position is certainly a positive sign for CAO trading business prospects.
(Not Vested)
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