Royal Dutch Shell

Shell takes Best stake

PUBLISHED : Thursday, 30 November, 1995, 12:00am
UPDATED : Thursday, 30 November, 1995, 12:00am

SHELL China Holdings, a subsidiary of Royal Dutch Shell, says it has signed a contract with a unit of Yip's Hang Cheung (Holdings) to acquire a 40 per cent stake in Zhangjian Best Lubricant Blending.


Zhangjian Best Lubricant will be 40 per cent-owned by Yip's, 40 per cent by Shell and 20 per cent by the port authority.


 

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