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CapAllianz Holdings Updates on Financials and Oil Production

CapAllianz Holdings Updates on Financials and Oil Production

CapAllianz Holdings Limited (SG:594) has released an update.

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CapAllianz Holdings Limited, in compliance with Catalist Rules, has disclosed its quarterly financial activities, confirming that expenditures in mining and exploration activities align with projections, and ensuring the integrity of the information presented. The company also announced upcoming workovers in the Thailand onshore oil concessions, aimed at boosting production and efficiency, which are expected to be financed by existing cash flows and bank facilities.

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