Reach Energy completed the purchase of the 60% stake in Emir-Oil, via the purchase of equity in Palaeontol BV for US$175.9 million, on Nov 25, 2016.

The vendor was Palaeontol’s parent company, Hong Kong-listed MIE Holdings Corp, which kept the remaining 40%. The acquisition fulfilled Reach Energy’s requirements as a special purpose acquisition company to acquire a qualifying asset within a 36-month period, allowing it to graduate into a fully independent O&G E&P company.

Shahul said the company now has a different focus, which is to consolidate operations and increase oil production.

The group plans to increase its oil production to between 4,000 and 5,000 barrels per day (bpd) by the end of the year. The company’s production levels currently stand above 3,000bpd. It currently has 54 oil wells in Emir-Oil, and plans to gradually add on another 34 by 2026.

“We took full control of Emir-Oil only in May, following a six-month handover agreement with the vendor. So it’s hardly been two months. We are now introducing our methodologies, our improvements and our way of doing things. It’s showing results. [I know because] I’m there, I’m hands-on,” said Shahul, adding Reach Energy’s focus this year and next will be on turning around the whole business to increase production and efficiency.

he already control reach all board member need to listen to him now.

but what the f why debtor willing to get reach share at 20 cents while market price at 5.5 .
Do the board reveal anything to the debtor which is non known by public share holder ??
latest production figures etc....

its like a PP 1 billions shares at 20 cents .

Better than RI ask you for money lor

some one acquire about 10 percent shares from MTD on Friday 24th. within how many days they need announce the new shareholder ?

ini REach kuat kencing ni

MOF just need to loan 2 b to Sap. an petronas give some more contract to sap. let the cash flow rolling again.

then paktua ala hoot kaw kaw short sell sap ?
ada ?

Posted by paktua73 > 11 minutes ago | Report Abuse

paktua bet today will hit rm0.065..



tut tut
will buy below rm0.06

where is that Sardin who promote knm and keep saying Borsig good Borsig mao tak teng

i also can help knm la

this is what the MAA boss is helping KNM . wakakaka selling assets below purchase price .

knn

The Proposed Disposal is expected to result in an estimated loss of approximately
RM490.55 million to KNM, details of which are set out below. For clarification, the
following estimated loss has yet to be reviewed by the External Auditors of the
Company at this juncture. Nevertheless, the estimated loss reviewed by the External
Auditors of the Company shall be disclosed in the circular to shareholders in relation to
the Proposed Disposal to be issued by KNM at a later date

paktua mau beli 8 ka ??

Posted by paktua73 > 1 hour ago | Report Abuse

morning...
sapa kena game at rm0.095??
hahaha..
sapura game jgn percaya rumours..
jgn higher..
laa sapa kena burn??



tut tut
sapura only save buy below rm0.06

but Brahim biz is otw back to pre pandemic

so falsify account is not a criminal act ? lain kali pencuri pemrobak kasi compaund juga lor ?

Ini chicken boosku pinya fikiran logic > 1 + 1 = 3 pinya wor . anwar cant beat him la.

ini olang fikiran koyak. lia ciakap serbadk manyak good. apasal kasi jual semua saham kamu ?

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD

May 13, 2022 1:00 AM | Report Abuse

You are not in their situation you can talk coxx. Lets put you in that situation about to loss your job and you have family to feed on. You think easy meh to get job now days. You maybe from wealthy family which have FAM money to used but others are from middle income group not that fortunate like you. Some of them only husband are working. Some more now days many O & G company not hiring more people as they tend to control capital due to lack of business opportunity even in Malaysia as O & G environment in Malaysia just started to pick up with Capex investment by PETRONAS.

want tolong oil and gas company pinya staff only ga? walao only oil and gas worker are starving ke? what about those jobless one which previouly work in non oil and gas industry ?

mau do charity , pls be fair to all the citizen. d nia sing

you put too much junk boxes contain useless info to us . seriously the old UI is more compact and user fiendly for us us to read forum posts

next time other company report false revenue, get compound too ?
die la like tat.

siapa ada beli ? diam diam kasi sapu aiyo

how ? people bought the share at 3 rm , how now ? can sue them ?

what happen if all company also submit false revenue ? our investment market koyak la like that.

Who still come invest in malaysia market ?

these PK all should be put in jails

wow wide eye opened, submit false revenue only get compounds. What about those retailers suffer big lose when buying at 3 RM ? can all go sue the bangsat one for damage ?

1
TWL HOLDINGS BERHAD (FORMERLY KNOWN AS TIGER SYNERGY BERHAD) (“TWL” OR THE
“COMPANY”)
JOINT VENTURE BETWEEN TWL AND TATRA INVESTMENT LLC
1. INTRODUCTION
The Board of Directors of TWL (“Board”) is pleased to announce that the Company had on 30
March 2022 entered into a memorandum of agreement with Tatra Investment LLC (“Tatra”) to
formalise a strategic collaboration in relation to, amongst others, the procurement, import,
supply, distribution, research, development, production and commercialization of medical,
pharmaceutical and other healthcare related products in Malaysia and South East Asia (“Joint
Venture”) (“MOA”).
The Joint Venture shall be undertaken via a joint-venture company, Tatra TWL Medicare Sdn
Bhd (“Tatra TWL Medicare”), which is 50% owned by TWL and 50% owned by Tatra.
2. BACKGROUND OF TATRA
Tatra is an investment holding limited liability company incorporated in the United Arab
Emirates. It is principally engaged in the investment and business of manufacturing, marketing
and sale of products. Tatra is part of the prominent Al-Ghurair family and an investment platform
under Mr. Marwan Al Ghurair

we want back the I3 forum old UI interface. New UI is suck.
https://klse.i3investor.com/blogs/OLdI3forum/

we want back the I3 forum old UI interface. New UI is suck.
https://klse.i3investor.com/blogs/OLdI3forum/

we want back the I3 forum old UI interface. New UI is suck.
https://klse.i3investor.com/blogs/OLdI3forum/

we want back the I3 forum old UI interface. New UI is suck.
https://klse.i3investor.com/blogs/OLdI3forum/

https://klse.i3investor.com/blogs/OLdI3forum/

run before too late 2 cents coming

Reach cant sell oil for months . wow run before too late

https://www.investing.com/commodities/brent-oil?cid=1184864

wow ular jadi official promoter of Hiaptek ah ? aiyoyo
paid by the boss ?

ask petronas sapu sapura at 50 cents . beli 4 cents lapat untung x 10 kali untung , the jibby eco expert is the best in the world

bossku holding a lot sapura ka ? wah

right issue otw may be 5 cents RI

sumatec should open shop again . now brent 131.

otw 150

goreng pisang pun tak tau ke?

CEO pls learn something from Halim saad pls.
make press media , announce Reach start new production development. by this 4 Q production can go double.
next year 2H can go 10k tong minyak.
sekali gus reach can push to limit up.

game over , u think if still got game , drop so low let u buy?
wake up

may be right issue is otw. oh there is some production issue at Kazakhstan oil field is not reported by management. may be oil production is much lower than the figure reported.

sell sell sell

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING

MQ TECHNOLOGY BERHAD ("MQ TECH" OR "COMPANY") PROPOSED SHARES ISSUANCE OF UP TO 446,819,000 NEW ORDINARY SHARES IN MQ TECH ("MQ TECH SHARES" OR "SHARES") TO BE SUBSCRIBED BY TRITON CAPITAL FUND VCC ("PROPOSED SHARES ISSUANCE")

pp share 400 m plus , run before too late, share consolidation soon

the boss very busy to move company funds out from the company. Red alert

buy this and that, can focus on own biz and declare devidend ?

if jadi bank. can go how much ?

MIE is HK company . they holding 40 % of Omir oil, selling to buyer Tsang at 55 m usd.
Reach holding 60 % of Omir oil.

can get Tsang to buy the 60% shares from Reach at 400M ?
Reach can get back the 400m and pay dividen to us

announce dividen 20 to 30 cents a shares pls

Reach should go up with this news . Market cap at 76m RM at 7 cents ,

60 percent of Omir oil is worth 82.5 M usd
82.5 x 4 = 330m