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CEFC International Ltd (CEFC.SI)

CEFC.SI on Stock Exchange of Singapore

0.18SGD
30 Mar 2017
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Latest Key Developments (Source: Significant Developments)

CEFC International Limited announces appointment of Zhao Guangming as CEO
Friday, 30 Dec 2016 04:51am EST 

Cefc International Limited - :Appointment Of Zhao Guangming As Executive Director And Chief Executive Officer.  Full Article

CEFC International to acquire entire stake in CEFC Assets Management & Equity Investment (Hong Kong)
Wednesday, 3 Aug 2016 09:26am EDT 

CEFC International Ltd : Proposed acquisition of 100% of CEFC Assets Management & Equity Investment (Hong Kong) Co., Limited) . Purchase consideration for the proposed acquisition of 100% of the share capital of the target is US$20.5 million . Entered into a non-binding term sheet with CEFC Shanghai Group Assets Management Co., Ltd . Purchase consideration, after any adjustment, will be satisfied by the issuance of new shares in the company to the seller . Term sheet for co or nominated unit to acquire 100% share capital of CEFC Assets Management & Equity Investment (Hong Kong) .  Full Article

CEFC International Ltd subsidiary entered into cooperation agreement with CEFC Shanghai International Group Ltd
Monday, 7 Sep 2015 07:32pm EDT 

CEFC International Ltd:Says that Singapore CEFC Petrochemical & Energy Pte. Ltd. (SPE), a wholly-owned subsidiary of the Company, has entered into framework cooperation agreement dated 7 Sept with CEFC Shanghai International Group LimitedCEFC International Ltd.Pursuant to which SPE will act as CEFC Shanghai’s exclusive procurement and supply platform for all of its overseas procurement and supply activities in respect of crude oil, refined petroleum products, petrochemical products, liquefied petroleum gas (LPG), natural gas and other related commodities.Under the Cooperation Agreement, SPE will act as CEFC Shanghai’s exclusive procurement and supply platform for all of its overseas procurement and supply activities.SPE will purchase crude oil, refined petroleum products, petrochemical products, LPG, natural gas and other related commodities, as may be specified by CEFC Shanghai, from third party suppliers and sell them to CEFC Shanghai.The duration of the Cooperation Agreement is one year and shall automatically renew for further one-year periods unless otherwise terminated in mutual agreement in accordance with the Cooperation Agreement.  Full Article

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