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Geo Energy: Successfully Secures Term Sheet With Resource Invest AG For A Substantial Investment In Geo Energy's MBJ Integrated Infrastructure Business At A US$1.5 Billion Valuation.

11 May 2026 11:07

Resource Invest AG signs binding term sheet to invest in the Group's PT Marga Bara Jaya, which is nearing completion of its Integrated Infrastructure project in South Sumatera and expected to commence operations thereafter. The US$1.5 billion valuation is attributed solely to MBJ, which is just one component of the Group's broader asset portfolio, reflects the fact that Geo Energy's share price remains largely undervalued despite crossing S$1 billion market capitalisation...

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Source: ShareInvestor Express