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Zambia court halts liquidation proceedings over Vedanta Resources mines business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Zambia court halts liquidation proceedings over Vedanta mines freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
KrisEnergy has announced that it is unable to pay its debts based on actual and/or contingent liabilities and will proceed to liquidation. Accordingly, the Company has on 4 June 2021 submitted a winding-up petition to the Grand Court of the Cayman Islands. ....
Apsara field (File Photo - KrisEnergy) KrisEnergy, an oil and gas company focused on Southeast Asia, said Friday it had filed a winding-up petition and that it would proceed to liquidation due to its inability to pay debts. KrisEnergy warned about this outcome back on March 31 when it said that the production from the Apsara field, Cambodia s first producing offshore oil field and the company s key asset, had been below expectations, KrisEnergy, which brought the offshore oil field online in December 2020, had expected the field to provide the cashflow necessary to fund the ongoing operations of the group, however, results from the wells brought online were below expectations. ....
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its. | March 5, 2021 ....