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

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