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flag Chandra Asri Pacific to buy ExxonMobil’s 59 Singapore Esso stations, ending its retail presence there.

flag Chandra Asri Pacific has agreed to acquire ExxonMobil’s nearly 60 Esso-branded petrol stations in Singapore, marking ExxonMobil’s exit from the country’s retail fuel market. flag The deal, pending regulatory approval, is expected to close by year-end and includes supply agreements and loyalty programs. flag Chandra Asri will operate the stations under the Esso brand, maintaining current services and staff. flag The transaction supports Chandra Asri’s regional expansion, while ExxonMobil continues operating its manufacturing site in Singapore and plans to cut 10% to 15% of its local workforce by 2027 as part of a global restructuring.

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