Singapore court extends KrisEnergy’s moratorium as Cayman winding up action allowed
Cayman-incorporated, Singapore-listed KrisEnergy operates upstream oil and gas assets across Bangladesh, Cambodia, Indonesia, Vietnam and Thailand (Credit: Shutterstock.com/Popartic)
A Singapore court has extended Cayman oil company KrisEnergy’s worldwide restructuring moratorium until late August, just a week after a Cayman court allowed a creditor to commence a local winding-up petition against its subsidiary.
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