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Trainner ( Date: 26-Oct-2025 09:23) Posted:
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Hiap Seng Industries Limited is a Singapore-based company. The Company is an integrated service provider of mechanical engineering, plant fabrication & installation and plant maintenance to the oil-and-gas (serving both upstream exploration and production as well as downstream refinery and storage), petrochemical, and pharmaceutical industries in Singapore, Asia Pacific, and other regions. Its services include engineering, procurement & construction (EPC), plant maintenance services, and others. Its EPC services include process and metering skids services, tanks & terminals, liquid storage, cryogenic, jetty topside & terminal ancillary, onshore gas offtake & metering facilities, compression & process modules for offshore, lube oil blending facilities, co-generation facilities, tanks/ pressure vessels, and structures. Its plant maintenance services include routine daily maintenance, total integrated plant maintenance, and turnaround maintenance.
What was the price Chandra pay for Hiap Seng shares?
piscesmonkey ( Date: 26-Oct-2025 09:07) Posted:
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Chandra Asri&rsquo s Strategic Entry into Singapore: A New Era for Fuel Retail
https://meyka.com/blog/chandra-asris-strategic-entry-into-singapore-a-new-era-for-fuel-retail-2510/
The purchase of multi million Shell' s Spore petrochemical assets and latest acquisition of Exxon Mobil' s petrol stations reflects Chandra Asri' s ambition to diversify into the region and its financial muscles. It is certain that Chandra Asri will eye more acquisitions and expand its empire. Compared to the value of the above two acquisitions, the giant' s stake of 11.9% of Hiap Seng is a drop in the ocean both in terms of percent and value. It looks they have got great plans for Hiap Seng . Who knows, Hiap Seng might turn into the darling of 2026 in my personal view.
Sooner Chandra Asri will acquire more stake in hiapseng liao huat ah
piscesmonkey ( Date: 24-Oct-2025 17:49) Posted:
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Meanwhile, the acquisition gives Chandra Asri a chance to enhance efficiency in retail operations and improve its position in downstream energy logistics.
"Strategically, following the group?s earlier acquisition of Shell?s operations in Singapore, this move could expand its regional footprint and pave the way for diversification into new energy businesses by 2050," the Nanyang Business School spokesperson said.
On the other hand, Chandra Asri wants to establish its presence here. "They're saying hey, we are becoming big ... Singapore is a major place for us, we've got the Shell refinery," said Mr Doshi.
In one stroke, they are going to take over a string of around 60 stations, he noted.
"They are on the upswing in the region, whereas Exxon is rationalising its global operations. So together, those two are the major overarching points ... that makes sense for this purchase by Chandra Asri to take place."
Excerpts from news
"Strategically, following the group?s earlier acquisition of Shell?s operations in Singapore, this move could expand its regional footprint and pave the way for diversification into new energy businesses by 2050," the Nanyang Business School spokesperson said.
On the other hand, Chandra Asri wants to establish its presence here. "They're saying hey, we are becoming big ... Singapore is a major place for us, we've got the Shell refinery," said Mr Doshi.
In one stroke, they are going to take over a string of around 60 stations, he noted.
"They are on the upswing in the region, whereas Exxon is rationalising its global operations. So together, those two are the major overarching points ... that makes sense for this purchase by Chandra Asri to take place."
Excerpts from news
Huat ah👍
joe1991 ( Date: 24-Oct-2025 21:08) Posted:
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Previous round 1m bought 29 sold 31.
This round 1m 29 sold 33
.....both time all payup...today outside...use hp cant see much so saw 33 just sell la...another day fight again...this stock has the range 28 - 33.maybe change higher this round...lets see
Bro u bought 27 1m ah and sold at 33?
joe1991 ( Date: 24-Oct-2025 18:16) Posted:
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Nice run up today with the announcement!!
Huat Ah
Huat Ah
joe1991 ( Date: 24-Oct-2025 18:16) Posted:
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This stock must pay, cannot contra....so far already made abt 6k from it. Hopefully can buy again at 28 29..
Will be benefits 😁
All this business do nothing with Hiap Seng.
piscesmonkey ( Date: 24-Oct-2025 16:53) Posted:
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Next week interesting
Next week sure alot buying cos today not much peoples know the news they more likely read over the weekend
Short cover soon or BB start to buy now?
Wait for buy over news.. 🧐
Wah so many news about chandra asri buy over exxon
Short cover should be cover soon