Cbl international limited announces closing of initial public offering

Kuala lumpur, malaysia, march 28, 2023 (globe newswire) -- cbl international limited (nasdaq: banl), together with its wholly owned subsidiaries (“cbl international” or the “company”), is an established marine fuel logistic company currently focusing on the asia pacific region, providing one-stop solutions for vessel refueling. cbl international today announced the closing on march 27, 2023 of its initial public offering (“offering”) of 3,325,000 ordinary shares (the “shares”) at a public offering price of $4.0 per share.
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