Oman Brunei Investment Co. boosts capital to USD200mn
The State General Reserve Fund (SGRF) and Brunei Investment Agency (BIA) announced on Sunday that they have signed an agreement to increase the share capital of their joint-venture firm, Oman Brunei Investment Company (OBIC), to USD200mn from USD100mn. The new capital will support the joint-venture company’s plan to explore new sectors for investment in both countries, especially in the fields of education, agriculture, food and services.
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