USD100M increase in capital for Oman Brunei Investment Co

The State General Reserve Fund (SGRF) of the Sultanate of Oman and Brunei Investment Agency (BIA) have agreed to increase the capital of Oman Brunei Investment Company (OBIC) by another USD100 million, bringing the total capital of the company to USD 200 million. The agreement was signed on the sidelines of the 19th Bilateral Consultative Meeting (BCM) between the ministries of foreign affairs of the Sultanate of Oman and Brunei Darussalam, in Muscat on December 9. More details in Wednesday’s Borneo Bulletin.