“We wish to reiterate our support for KrisEnergy’s proposed preferential offering of the zero coupon secured notes with free detachable warrants,” Keppel said.

Wholly-owned indirect subsidiary, Keppel Oil & Gas, is in talks with KrisEnergy to subscribe for its pro-rata entitlement of the notes with warrants, and subscribe for all the excess notes with warrants that are not successfully subscribed for by the other shareholders of KrisEnergy.

The