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Singapore Exchange (SGX) is pleased to welcome the listing of KrisEnergy Limited on Mainboard under the stock code, “SK3”.
Established in 2009, KrisEnergy is an oil and gas exploration and production company with assets across Southeast Asia. The company’s portfolio of oil and gas assets in Cambodia, Indonesia, Thailand and Vietnam spans the entire upstream life cycle of exploration, appraisal, development and production of oil fields.
Keith Cameron, CEO of KrisEnergy, said: "Today marks a milestone in our continuing journey to build a sustainable Asian oil company with a diverse multi-asset portfolio. We are delighted to list on SGX and want to extend our warmest appreciation to our controlling shareholders for their continued support, and our employees who made today possible. To our new investors, welcome, and let me say that we are committed to achieving sustainable growth and delivering value to all of you."
Lawrence Wong, Head of Listings at SGX, said: “We are pleased to welcome KrisEnergy to the Mainboard and look forward to them leveraging SGX as the Asian Gateway for their business expansion. Their listing is indicative of the strong interest shown by issuers and investors in our growing oil and gas sector.”
With an IPO market capitalisation of S$1.2 billion, KrisEnergy is the largest upstream oil and gas company listed on SGX. Its listing also adds to the increasingly growing mineral, oil and gas sector, bringing it to 16 companies with a total market capitalisation of S$4.5 billion.
