Hibiscus Petroleum Bhd managing director Dr Kenneth Pereira
PETALING JAYA: Hibiscus Petroleum Bhd
has raised RM203.6mil from its private placement exercise that will be used to acquire producing oil and gas (O&G) assets in South-East Asia.
The private placement was part of Hibiscus’ multi-tranche Convertible Redeemable Preference Shares (CRPS) of up to RM2bil exercise that was announced in September.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
