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3 comment(s). Last comment by tomanhead 2016-07-29 00:55
Posted by tomanhead > 2016-07-29 00:54 | Report Abuse
and Furthermore, in SOHL’s
view SRC requires significant investment to meet Euro 4 and Euro 5 product specifications and it
has significant existing debt of MYR 1.2 billion maturing in the near future(the keyword SRC require significant investment)can be read here http://www.bursamalaysia.com/market/listed-companies/company-announcements/5002765
Posted by tomanhead > 2016-07-29 00:55 | Report Abuse
and also here https://sg.finance.yahoo.com/news/shell-sell-stake-malaysian-plant-115043947.html
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tomanhead
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Posted by tomanhead > 2016-07-29 00:47 | Report Abuse
c)LONDON, 02 February 2016. Shell has reached a conditional agreement with Malaysian Hengyuan
International Limited (MHIL) for the sale of its 51% shareholding in the Shell Refining Company (SRC) in
Malaysia for $66.3 million. It is MHIL’s intention for SRC to invest in the upgrades needed to meet the
Euro 4M and Euro 5 requirements. The transaction is expected to complete in 2016, subject to obtaining
regulatory approval(the keyword MHIL's intention) can be read here http://www.bursamalaysia.com/market/listed-companies/company-announcements/4991325