Strategic Business Deal
In a strategic business deal, MCC Holding Hong Kong Corp.Ltd acquired the Major % of the shares of MCC Oil Gas Limited
Financial Overview Financial OverviewMCC OIL AND GAS is rated BBB (watch positive) and Baa2 (review with direction uncertain)?by Standard & Poor’s and Moody’s respectively.
MCC OIL AND GAS opened an operative office in Novorossiysk Russian Port and named the branch “JSC MCC Kirishnefteorgsintez (OOO MCC-KINEF)”.
MCC OIL AND GAS acquired 100% of the Public shares of a Russian Refinery Kirishnefteorgsintez (OOO KINEF), taking the control of the Board as the Russian Government has only 49% of the Shares and MCC Holding Hong Kong Corp.Ltd. (our Chinese holding company) has the 51% – our CEO will be shortly on the Refinery Board of Directors to better manage our business strategy on behalf our privileged clients!