Concord Energy Established in Singapore.
Today, Concord Energy Group is a multi-billion dollar organization that is constantly developing new aspects of its business as it evolves into an integrated, asset-based energy company.
Acquired two floor memberships in DME and two class B shares in DME Floorco Limited
• Acquired 100% equity interest in Petrocoal Pte Ltd and Lightmax Marine Ltd
• Acquired 16% equity interest in Oil Quest Holdings Limited
Obtained land to build a 1.2 million m3 oil storage terminal in Fujairah, UAE
Acquired 25% equity interest in PT Tauruna Bina Sarana (Indonesian Storage Terminal)
Signed binding agreement with a co‐ strategic investor to acquire a Malaysian Downstream Business
Signed Joint Venture agreement with Sinopec for the Fujairah Oil Terminal
Entered into a JV agreement with Cool Planet US to roll out its biofuels technology in Asia Pacific
Commissioning of Fujairah Oil Terminal
Milarepa Holdings signed an agreement to become a substantial shareholder of Concord Energy Group