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China Aviation Oil (Singapore) ( (SG:G92) ) has shared an update.
China Aviation Oil (Singapore) has announced that its controlling shareholder, China National Aviation Fuel Group Limited, is undergoing a corporate restructuring with another conglomerate. This restructuring is not expected to affect the company’s normal business operations, but it is still in the planning stage and subject to change, which may introduce uncertainties for investors.
The most recent analyst rating on (SG:G92) stock is a Buy with a S$1.75 price target. To see the full list of analyst forecasts on China Aviation Oil (Singapore) stock, see the SG:G92 Stock Forecast page.
More about China Aviation Oil (Singapore)
China Aviation Oil (Singapore) Corporation Ltd operates in the aviation industry, focusing on the supply and trading of jet fuel and other petroleum products. The company is a key player in the Asian market, with its controlling shareholder being China National Aviation Fuel Group Limited, which holds a majority stake.
Average Trading Volume: 1,691,742
Technical Sentiment Signal: Buy
Current Market Cap: S$1.28B
For an in-depth examination of G92 stock, go to TipRanks’ Overview page.