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Keppel Corp ready to back KrisEnergy's final proposal

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Published Sun, Aug 30, 2020 · 09:50 PM

Singapore

KEPPEL Corporation, which owns a 40 per cent stake in upstream oil and gas company KrisEnergy, said it is prepared to support the final restructuring proposal of the debt-hit firm.

In a bourse filing on Sunday, Keppel Corp said it has evaluated KrisEnergy's debt workout plan, which it believes is a "deliverable plan".

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