SINGAPORE (Aug 14): The vitality breakdown keeps on racking up casualties in Singapore.
This time it’s KrisEnergy, an oil and gas maker that said Sunday it is investigating value issuance, renegotiating and resource deals to fortify its capital structure as its obligation agreements may go under anxiety. The declaration came weeks after oil benefits firm Swiber Holdings annoyed Singaporean markets by petitioning for liquidation and afterward dropping that arrangement and seeking after a rebuilding.
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