Union Gas Expands Cnergy Service Stations in Singapore
Union Gas Holdings Ltd. has opened its second Cnergy service station at Dunman Road, inspired by Peranakan heritage. The company plans to expand further with two more stations at Queensway and Marsiling, set to open in 2026 and 2027. This growth aims to enhance the Cnergy brand's recognition and positively impact revenue. Union Gas is a leading fuel provider in Singapore, offering petrol, diesel, and electric vehicle charging, while focusing on culturally themed service stations.
The latest update is out from Union Gas Holdings Ltd. ( (SG:1F2) ).
Union Gas Holdings Limited has expanded its service station business by opening its second Cnergy service station at Dunman Road, inspired by the local Peranakan heritage. The company plans further expansion with two more stations at Queensway and Marsiling, expected to open in 2026 and 2027, respectively. This strategic growth is anticipated to enhance the Cnergy brand’s recognition and contribute positively to the company’s revenue.
More about Union Gas Holdings Ltd.
Union Gas Holdings Limited is a leading provider of fuel products in Singapore, operating under the Cnergy brand. The company focuses on offering a variety of fueling options, including petrol, diesel, and electric vehicle charging, and aims to enhance customer experience through culturally themed service stations.
Average Trading Volume: 369,704
Technical Sentiment Signal: Buy
Current Market Cap: S$127M
Learn more about 1F2 stock on TipRanks’ Stock Analysis page.
