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  • Looking for investors for Petroleum Products Trading Company
Looking for investors for Petroleum Products Trading Company

Looking for investors for Petroleum Products Trading Company

  • BXB Listing ID :

    13963
  • Type :

    Raise Capital
  • Business Type:

    Startup
  • Business Name:

    Looking for investors for Petroleum Products Trading Company
  • Country:

    United Arab Emirates
  • State:

    Sharjah
  • Area:

    Hamriyah Free Zone
  • Asking Price:

    900,000 AED
  • No of Employees:

    2
  • Year Established:

    2021
  • Trade Licence:

    Free Zone
  • Real Estate:

    Leased by the Business
  • Lease Terms:

    Annual

Business Overview

Petroleum Products trading start-up in the UAE seeking investor / partner for working capital requirements. Products such as Gasoil / Gasoline / Jet Fuel / Kerosene / Base Oils / Fuel Oil are to be sourced directly from UAE and regional refineries (such as ADNOC and ENOC), stored and traded in the local, as well as in the export markets. Any working capital provided by the investor / partner shall be treated as a loan to the business and shall be fully collateralised and secured against inventory stored in a leased tank facility in Hamriya Free Zone. Minimum AED 750,000 will be the initial working capital requirement for the purchase of inventory. 50 % of the shares in the new venture are available for sale to the investor for participation as a partner subject to separate pricing and terms and conditions to be agreed.

Petroleum Products trading start-up in the UAE seeking investor / partner for working capital requirements. Products such as Gasoil / Gasoline / Jet Fuel / Kerosene / Base Oils / Fuel Oil are to be sourced directly from UAE and regional refineries (such as ADNOC and ENOC), stored and traded in the local, as well as the export markets. Any working capital provided by the investor/ partner shall be treated as a loan to the business and shall be fully collateralised and secured against inventory stored in a leased tank facility in Hamriya Free Zone. Minimum AED 750,000 will be the initial working capital requirement for the purchase of inventory. 50 % of the shares in the new venture are available for sale to the investor for participation as a partner subject to separate pricing and terms and conditions to be agreed.

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