Samudra pulls Singapore IPO

Indonesian oil and gas producer postpones Singapore IPO to await better market conditions.
Samudra Energy owns three oil-producing blocks in Indonesia
Samudra Energy owns three oil-producing blocks in Indonesia

Samudra Energy postponed its S$248 million to S$276.3 million ($200 million to $222.8 million) initial public offering on Wednesday after running up against weak market conditions.

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