Ah-Hoc Releases

De Raj Group Negotiations – EXIM Bank Malaysia

Cologne, 13th November 2019

With the PT Pertamina Hulu Energi – West Madura Offshore contract coming to a close, De Raj Group AG have initiated talks with Export-Import Bank of Malaysia Berhad (EXIM Bank) to settle the outstanding facilities with it’s fully owned Labuan subsidiary Hummingbird Energy (L) Inc. Negotitations are currently ongoing and expect to be concluded shortly.