Chandra Asri Group, a subsidiary of Barito Pacific, announced the signing of a Sale and Purchase Agreement to acquire ExxonMobil's Esso-branded fuel station network in Singapore.
This move aligns with Chandra Asri Group's long-term growth strategy of developing integrated energy infrastructure for the energy and mobility solutions market in Southeast Asia.
The transaction is still subject to regulatory approval and is targeted for completion by the end of 2025.
