Pacific Radiance's Indonesian affiliate plans Jakarta listing
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE offshore oilfield services provider Pacific Radiance Ltd and its Indonesian affiliate are looking to list their shares to benefit from rising investor interest in vessel operators expanding in the fast-growing offshore energy sector.
The planned initial public offering (IPO) of affiliate PT Logindo would make Pacific Radiance the second Singapore-based offshore support vessel owner to list its Indonesian arm in Jakarta this year.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
