December 18, 2014 3:39 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Itochu Petroleum Co., (Singapore) Pte. Ltd.

Company Overview

Itochu Petroleum Co., (Singapore) Pte. Ltd. engages in the transportation and distribution of crude oil and petroleum products. The company was founded in 1984 and is based in Singapore. Itochu Petroleum Co., (Singapore) Pte. Ltd. operates as a subsidiary of ITOCHU Petroleum Japan Ltd.

9 Raffles Place

No. 41-01 Republic Plaza

Singapore,  048619

Singapore

Founded in 1984

Phone:

65 6230 0671

Fax:

65 6582 3809

Key Executives for Itochu Petroleum Co., (Singapore) Pte. Ltd.

Managing Director and Director
Compensation as of Fiscal Year 2014.

Itochu Petroleum Co., (Singapore) Pte. Ltd. Key Developments

Aegis Logistics Limited Approves Formation of Joint Venture with ITOCHU Petroleum Co., (Singapore)

The board of directors of Aegis Logistics Limited has approved the formation of Joint Venture with ITOCHU Petroleum Co., (Singapore) Pte Ltd. for its LPG sourcing business. To effect this JV, Aegis Logistics will enter into certain transaction documents and among other things, sell 40% of its equity ownership in its wholly owned subsidiary, Aegis Group International Pte. Ltd., Singapore to ITOCHU Pettroleum Co., (Singapore) Pte Ltd. for a total consideration of $5.85 million. The transaction is subject to customary conditions precedent including lenders/third party approvals.

Itochu Petroleum Co., (Singapore) Pte. Ltd. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012

Itochu Petroleum Co., (Singapore) Pte. Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net income attributable to the company was ¥0.3 billion against loss of ¥0.4 billion a year ago. For the nine months, the company reported net loss attributable to the company was ¥0.3 billion against ¥0.2 billion a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 19, 2014
Aegis Group International PTE Limited
 

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