Puma Energy Pakistan

Puma Energy Pakistan, formerly known as Admore Gas, is a Pakistani oil marketing company which is a subsidiary of Singaporean company Puma Energy and is based in Karachi, Pakistan.[1]

Puma Energy
Subsidiary
IndustryOil and gas
Founded2001 (2001)
Headquarters
Area served
Pakistan
ProductsPetroleum products
ServicesDistribution and retail
ParentPuma Energy
Websitepumaenergy.com

It was founded in 2001.[1] The company operates more than 470 retail shops in the country.[2]

In 2014, it was acquired by the Pakistani conglomerate company Chisti Group.[2]

In 2017, Puma Energy acquired majority stake in the company.[3] As a result, company became a joint-venture between Puma Energy and Chisti Group.[4]

See also

References

  1. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=99158097
  2. "Singapore oil firm acquires 51 percent stake in Admore". www.thenews.com.pk. August 26, 2017.
  3. Reporter, The Newspaper's Staff (November 3, 2017). "CORPORATE WATCH". DAWN.COM.
  4. "Singaporean energy firm buys local OMC". The Express Tribune. November 3, 2017.
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