Second time lucky for Brightoil placement

Chinese energy company finally gets cash to expand further into the upstream oil and gas sector after pulling an earlier equity deal at the end of March.

China's Brightoil Petroleum Holdings finally managed to raise funds from a top up placement after Thursday's close in Hong Kong, one month after pulling a similar deal because it was unhappy with the demand generated. 

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media