Samudra Energy delays listing, cites tough market conditions


PETALING JAYA: High-profile Indonesian oil and gas explorer Samudra Energy Ltd has postponed its flotation on the Singapore market, citing weak market conditions.

At the same time, media baron Rupert Murdoch’s Twenty-First Century Fox has called off a takeover of Time Warner.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , samudra , singapore , ipo

   

Next In Business News

Dutch Lady cautiously optimistic outlook
Malayan Flour Mills 9M24 net profit jumps 96.1% to RM64.1mil
Deloitte: Malaysia tops southeast Asia's equity market performance in 2024
Binastra gets RM256mil data centre job
Last-minute selling drags FBM KLCI down
SMG sees 9% jump in 3Q revenue
Trump’s economic policies can add RM19.7bil to Malaysia's GDP- Juwai IQI
Sony is in talks to buy media powerhouse behind 'Elden Ring', sources say
Singapore shares hit 17-year high on market revival efforts
Boost launches BoostMyMoney with UOBAM Malaysia

Others Also Read