OTC Markets OTCPK - Delayed Quote • USD PT Chandra Asri Pacific Tbk (PTPIF) Follow Compare 0.5061 0.0000 (0.00%) As of January 21 at 7:00:00 PM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Shell's Singapore refinery sale and its market significance Oil giant Shell said on Wednesday that it has agreed to sell its Bukom refinery in Singapore - one of the world's largest oil refining and trading centres - to a joint venture of Indonesian chemicals firm PT Chandra Asri and global trading house Glencore, culminating a process that began last year. WHY IS SHELL SELLING ITS SINGAPORE "CROWN JEWEL" REFINERY? Glencore, PT Chandra Asri nears $1bn deal for Shell’s Singapore assets Indonesia’s PT Chandra Asri Pacific is expected to become operator and majority owner of Shell’s Singapore assets. Update: Market Chatter: Shell's Singapore Assets Draw Interest From Glencore-Backed Group Update: Market Chatter: Shell's Singapore Assets Draw Interest From Glencore-Backed Group Performance Overview Trailing total returns as of 1/23/2025, which may include dividends or other distributions. Benchmark is IDX COMPOSITE Return PTPIF IDX COMPOSITE YTD 0.00% +2.16% 1-Year -114.58% -0.21% 3-Year -100.14% +7.53%