Ramba to raise $13.4m through private share placement to Indonesian tycoon

Ramba to raise $13.4m through private share placement to Indonesian tycoon

Company brand logo from its website

Singapore stock exchange listed, and Indonesia-focused oil and gas exploration and production company, Ramba Energy Limited, said it plans to raise S$17.9 million ($13.4 million) by placing out new shares to Indonesian tycoon and philanthropist Dato Sri Tahir.

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