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Bangchak fuels North Asia push with B9bn Caltex petrol stations deal
One of Thailand's largest energy conglomerates has bought Caltex petrol stations in Hong Kong in a HK$2.1 billion (9 billion baht) deal, which the firm will use as a springboard into North Asia.
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scmp.com
Thailand’s Bangchak fuels North Asia push with HK$2.1b Caltex petrol stations deal
Energy conglomerate enters Hong Kong fuel market despite fierce competition and EV shift as it aims to build a regional trading foothold.
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Thailand’s Bangchak takes over Hong Kong Caltex petrol stations in HK$2.1b deal
Energy conglomerate enters Hong Kong fuel market despite fierce competition and EV shift as it aims to build a regional trading foothold.
