misc sells entire stake in energy storage firm to vitol for us$830m - energy storage companies
2020-01-07
MERITSUN
117
MISC's department MTTI Sdn Bhd signed a deal with Vitol's department VIP terminal Finance B on Friday. V.
Dispose of 50% shares consisting of 250 shares of VTI.
The face value per share is 100 euros.
Established in 2006 and registered in the Netherlands, VTI is a supplier of global energy storage.
The core activity is to operate and manage a network of oil product storage terminals and refineries on five continents and 11 countries, including AmsterdamRotterdam-
Antwerp, Fujairah in the UAE, ventspil in Latvia, Tanjung Bin in Johor, Malaysia and Port Canaveral, Florida, USA.
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