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Keppel Corp ready to back KrisEnergy's final proposal

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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krisenergy

Debt restructuring

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Companies & Markets

Companies & Markets

Keppel Corp ready to back KrisEnergy's final proposal

KEYWORDS IN THIS ARTICLE

Companies & Markets

US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties

Barclays cuts jobs in energy transition team it only just built

UMS Holdings Q1 net profit drops 44% to S$9.8 million

SIA Engineering H2 profit rises 11.5% to S$37.8 million on robust aviation MRO demand

Great Eastern shares jump 39% as OCBC mounts S$1.4 billion privatisation bid at S$25.60 per share

US: Wall St opens higher, focus on comments from Fed officials

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