Divestment of 35 per cent. interest of Shwe Taung Energy Co., Ltd to Singapore Petroleum Company

A&G News 8 July 2019

Allen & Gledhill advised Shwe Taung Energy Co., Ltd (“STE”), as transaction counsel, on its divestment of a 35 per cent. interest to Singapore Petroleum Company to form a joint venture with the aim of becoming a leading retail energy distribution company in Myanmar.

Advising STE were Managing Director Minn Naing Oo and Director Oh Hsiu-Hau from the Myanmar office of Allen & Gledhill.