Oil and gas exploration firm planning offer at up to $1.10 per share
By ronnie lim
OIL and gas exploration and production company KrisEnergy (KE),
established by the founders of former-listed Pearl Energy, is all set
for a listing on the Singapore Exchange.
In a preliminary prospectus lodged with the Monetary Authority of Singapore yesterday, KE said it is making a share offer of up to 152.8 million shares with an indicative price of up to $1.10 per share.
This includes an international placement of up to 137.5 million shares to institutional and other investors in Singapore and a public offer of up to 15.28 million shares here.
KE said the offer shares may be reallocated between the international offer and the Singapore public offer at the discretion of the joint issue managers, global coordinators, bookrunners and underwriters.
In a preliminary prospectus lodged with the Monetary Authority of Singapore yesterday, KE said it is making a share offer of up to 152.8 million shares with an indicative price of up to $1.10 per share.
This includes an international placement of up to 137.5 million shares to institutional and other investors in Singapore and a public offer of up to 15.28 million shares here.
KE said the offer shares may be reallocated between the international offer and the Singapore public offer at the discretion of the joint issue managers, global coordinators, bookrunners and underwriters.
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