News

Capital Injection

17.03.2015

      

Oslo, Norway, 17 March 2015 – Lime Petroleum Norway AS (“Lime Norway”) is pleased to announce that our owners Rex International Holding and Hibiscus Petroleum Berhad have on 16 March 2015 injected capital amounting to an aggregate of USD 12,5 million (NOK 100 million) into Lime Norway. The capital injection is done through their joint controlled entity Lime Petroleum Plc. Lime Petroleum Plc remains the sole shareholder in Lime Norway after the capital injection.

The capital injection is done through their joint controlled entity Lime Petroleum Plc. Lime Petroleum Plc remains the sole shareholder in Lime Norway after the capital injection.

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Lime Norway is a wholly-owned subsidiary of Lime Petroleum Plc which is jointly-controlled (indirectly) by Rex International Holding Limited (56.4%), Hibiscus Petroleum Berhad (35%), and Schroder & Co Banque SA (8.6%).