Wednesday, June 13, 2007

China Aviation Oil's Shares Extend Gains in Singapore on Acquisition Talk

(Bloomberg) -- Shares of China Aviation Oil
(Singapore) Corp. surged for a second day on speculation the
company will announce asset acquisitions.

The jet-fuel trader's shares rose 8.4 percent, or 19 cents,
to S$2.44 at 10:25 a.m. local time, and were headed for a record
close. The stock gained as much as 10.2 percent today following
yesterday's 16 percent advance.


Read more at Bloomberg Energy News

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