Keppel signals support for KrisEnergy's final restructuring proposal

Uploaded By:  Frances Gagua Submitted By:  Staff Reporter Case Study:  No Keppel holds a 40% stake in the firm. Keppel Corporation says that it is prepared to support the final restructuring proposal of debt-ridden oil and gas company KrisEnergy, according to an SGX filing. Keppel holds a 40% stake in the firm. Keppel expressed belief that the final restructuring proposal is a ‘deliverable plan,’ noting that for the restructuring to be successful, KrisEnergy needs the support of its stakeholders as the final restructuring proposal is subject to receipt of inter-conditional approvals across stakeholder groups. read more