Shell buys 45% stake in S'pore fuel card partner, Best Petrol & Diesel Supply

Mr Neo Nam Heng, chairman of Prime Group, and Mr Giorgio Delpiano, Shell's senior vice-president of fleet solutions and e-mobility. PHOTO: SHELL
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SINGAPORE - In the first venture of its kind, oil giant Shell has taken a stake in a local fuel fleet card operator to expand the business overseas.

The 45 per cent stake in Best Petrol & Diesel Supply – a subsidiary of diversified motor group Prime – represents an investment of $21.3 million.

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