COSL taps HK exchange for $750m funds

Hong Kong: Fast expanding China Oilfield Services Ltd (COSL) is tapping the Hong Kong Stock Exchange to help fund its raft of newbuilds.

COSL is issuing 2.76m new shares aiming to raise $750m by January 15.

COSL is on course to own around 100 OSVs by 2017 according to its most recent mid-term business plans.  [08/01/14]

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