(EnergyAsia, October 16, Friday) — Singapore Exchange-listed China Auto Corporation Ltd (CAC) said it is effectively raising its stake in fuel technology company Neftech Pte Lte to 23.9% from 4.9% by issuing 475 million ordinary shares of CAC at 9 Singapore cents a share to Neftech shareholder.(US$1=S$1.39). The automotive moulds and moulded parts-maker has also…