OXX 5.26% 3.6¢ octanex limited

OPSB is the contractor with Petronas, the oil owner. Petronas...

  1. 196 Posts.
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    OPSB is the contractor with Petronas, the oil owner. Petronas will repay OPSB's expenses and reward OPSB according to the conditions of the SFRSC. OPSB will then repay the loans from OXX and from the profits OPSB will pay dividends to its 3 shareholders - OXX hold 50%, Scomi hold 30% and Vestigo hold 20%. OXX therefore has only indirect sensitivity to oil prices. DYOR IMHO
 
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Currently unlisted public company.

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