Interra Resources to raise US$3.47m from private placement
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
A BUSINESS partner of Interra Resources is buying a 13.6 per cent stake in the petroleum oil and gas production company for US$3.47 million.
The partner, China ZhenHua Oil Co, is subscribing to 79.5 million new shares through a wholly-owned unit at 5.9 Singapore cents apiece, Interra told the Singapore Exchange in a filing on Friday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
