MARKETS

KS Energy admits to US$230M of debt and can't see end of tunnel

The chief executive and chairman of KS Energy Limited was charged earlier this month with 112 counts of market rigging offences.

KS Energy admits to US$230M of debt and can't see end of tunnel

Yesterday the offshore oilfield services company announced it had a debts worth approximately US$230 million, loans provided by OCBC Bank. According to the company's recent filing on the Singapore...

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