SGX:G92Oil and Gas
Does China Aviation Oil (Singapore) (SGX:G92)'s Ownership Reshuffle Subtly Reframe Its Long‑Term Strategic Role?
China Aviation Oil (Singapore) recently announced that its controlling shareholder, China National Aviation Fuel Group, will undergo a state-approved restructuring with China Petrochemical Corporation, which it does not expect to materially affect its current operations.
This restructuring places China Aviation Oil within a broader state-owned energy realignment, introducing new ownership-related uncertainties that investors will be watching closely.
We will now examine how this...