Samudra Energy fires $223m Singapore IPO

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Samudra Energy fires $223m Singapore IPO

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worker on the offshore rig. | think4photop - Fotolia

Indonesian oil and gas exploration firm Samudra Energy is tapping investors to raise up to S$276.3m ($223m) in an IPO. Samudra started receiving bids on July 25 and is planning to list by the middle of August.

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