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2014-08-29 08:04 | Report Abuse
Published: Saturday August 9, 2014 MYT 12:00:00 AM
Updated: Saturday August 9, 2014 MYT 9:14:30 AM
Globaltec to be full-fledged O&G company
BY TEE LIN SAY
Datuk Seri Goh Tian Chuan
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GLOBALTEC Formation Bhd, the merged entity of AutoV Corp Bhd, AIC Corp Bhd and Jotech Holdings Bhd, is about to become a full-fledged oil and gas exploration and production company with a focus on unconventional resources.
It is acquiring a 60% stake in New Century Energy Resources Ltd (NCE) for US$100,000 (RM320,000), which will soon be asset owner and operator of three coal bed methane (CBM) concessions in the south and central of Sumatra, Indonesia.
CBM is a form of natural gas extracted from coal beds. CBM can be used as civil fuel, industrial fuel, fuel for power generation, vehicle fuel and important chemical raw materials.
Globaltec told Bursa Malaysia it is also acquiring a 60% stake in New Century Energy Services Ltd (NCES) for US$100,000 in cash.
Kee Yong Wah
NCE is an investment holding company involved in the exploration and production of oil and gas with a primary focus in unconventional oil and gas assets. Meanwhile NCES provides services for the unconventional oil and gas market.
The director of NCE and NCES is Kee Yong Wah, a seasoned oil executive with more than 30 years in the unconventional sector of oil and gas in China and the US.
The concession owner for the Indonesian fields is NuEnergy Gas Ltd (NGY), an Australian listed gas and ancillary power generation development company, which focuses on unconventional gas in Indonesia.
NGY has 3 production sharing contracts in South and Central Sumatra, covering 3,978 square kilometres. NGY is the operator of all 3 PSCs which are Muara Enim (40% share), Muara Enim II (30% share) and Rengat (100% share).
Globaltec will take control of NGY’s concessions because NCE will subscribe for 83.3 million shares in NGY for 3 Australian cents (8.91sen) to raise A$2.5mil (RM7.4mil), thus owning 19.9% of NGY.
NCE will then appoint three of its own directors to replace the existing three directors in NGY.
NCE will further subscribe to shares of NGY and participate in its rights issue for a total commitment of A$10mil (RM29.7mil), to be completed by Dec 31, 2014 for a minimum price of 3 cents.
When contacted by StarBizWeek, Globaltec executive chairman Datuk Seri Goh Tian Chuan says this is Globaltec’s new beginning.
“I am confident of Kee’s past track record and am thus investing in Kee and his team which have a combined experience of 150 years.
“In China, Kee and his team have drilled more than 160 CBM wells.
“We were in the midst of divesting our less profitable businesses. At the same time, we were looking for new profitable business ventures when Kee came along with his niche in unconventional resources. I saw this as the best opportunity to ride on the new wave of unconventional resources. This was something we could not pass,” says Goh.
Kee, the CEO of NCE, has served 26 years with global oil servicing company Halliburton, with a particular focus on unconventional resources.
Meanwhile, Lim Beng Hong, the CEO of NCES has served 24 years in Halliburton and Weatherford. The key management in both companies has extensive experience in the unconventional oil and gas industry including subsurface, well drilling, completion and production optimisation techniques that can significantly enhance the productivity of oil and gas wells.
Goh adds that this is one of the best opportunities of growth for Globaltec, as for a relatively low cost, it will immediately become operator and asset owner in the hydrocarbon-rich area of Sumatra.
For the PSCs in Muara Enim and Muara Enim II, NGY had in September 2012 received a Netherland Sewell and Associates Inc independent resource estimate of 4.2 trillion cu ft of prospective gas resources in these fields.
2014-08-29 07:59 | Report Abuse
3,470,019,200 shares have been traded
3,470,019,200 shares have changed hands
since glotec started to explode on 7th august 2014 with volume traded 131,200,800 shares till today 28th august 2014 ( volume = 159,034,600 shares traded)
while share base is about 5,380,000,000 units....
3,470,019,200 units have changed just within just 16 days
...
2014-08-29 07:56 | Report Abuse
First link
http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_tm_stocksss&ac=2272&sch=ch_stocks_ownership ;
2nd link
https://www.bsibank.com/en/ ;
top 5 shareholders of glotek
BSI SA, Asset Management Arm 299,258,127.00 units = 5.56%
Darulnas (M) Sdn Bhd 298,000,000.00 units = 5.54%
Lembaga Tabung Angkatan Tentera (LTAT) 336,090,200.00 units = 6.25%
Tian Goh 1,050,033,261.00 units = 19.51%
*Kok Keong Kong 705,702,677.00 units = lu kiralah sendiri
-------
Who are BSI.???
Click both links above .... aku kata klik ....klik le...yang kau ni degil apasal? Nak kena pukul?
---
* kok keong bukan pemain badminton, sebagaimana jokowi juga bukan
...
2014-08-29 06:30 | Report Abuse
First link
http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_tm_stocksss&ac=2272&sch=ch_stocks_ownership
2nd link
https://www.bsibank.com/en/
top 5 shareholders of glotek
BSI SA, Asset Management Arm 299,258,127.00 units = 5.56%
Darulnas (M) Sdn Bhd 298,000,000.00 units = 5.54%
Lembaga Tabung Angkatan Tentera (LTAT) 336,090,200.00 units = 6.25%
Tian Goh 1,050,033,261.00 units = 19.51%
*Kok Keong Kong 705,702,677.00 units = lu kiralah sendiri
-------
Who are BSI.???
Click both links above .... aku kata klik ....klik le...yang kau ni degil apasal? Nak kena pukul?
---
* kok keong bukan pemain badminton, sebagaimana jokowi juga bukan
2014-08-28 22:40 | Report Abuse
Ibu jeni... u really want this forum to be a porno site? Huh? Huh? Huh?
2014-08-28 22:39 | Report Abuse
And then place it into your mouth?
u like it huh?
2014-08-28 22:38 | Report Abuse
U just want to look at my dino-saur ... and grab it huh?
2014-08-28 22:37 | Report Abuse
Oh yeah... I bet if u see my dicky... u would be surprised
sure u dont even want to look or talk with me
u just want me to ala alalalong with u huh?
2014-08-28 22:35 | Report Abuse
Lu ni gilalah
ini olang lu panggil eric lah... tom...lah.... ayamtua lah...baby turtle lah... sekalang lu panggil gua fatcat pulak?
I dont want to quarrel with u...
I just want to ciommulut sama lu ibu jeni
and some ciomsusu
2014-08-28 22:31 | Report Abuse
@beruang emas... my precious metal is a combination of gold, silver, platinum and palladium ...hehe
2014-08-28 22:29 | Report Abuse
Ibu jeni.. apa saiz ada?
double D ada?
2014-08-28 22:28 | Report Abuse
@ayamsuka2.... betul le ... wa punye bird mcm shrinking mau hoot hoot lah
2014-08-28 22:26 | Report Abuse
Halo me your 2nd husband lah... call me darling also lah ...not fair
2014-08-28 22:21 | Report Abuse
Ibu jeni... u are such a slut huh?
u want me huh?
let me teach u a lesson
that u want me to repeat it?
why dont u be our glotecian's wife?
your pussy must be wet now....
u want it?
2014-08-28 22:17 | Report Abuse
Ibu jeni do you want my precious metal?
semua jantan u kenal?
----
Lu bikin gue takut.... apa itu ? Ebola kah?
2014-08-28 22:15 | Report Abuse
Ibu jeni... if u do not shut up
I may stuck my precious metal into your ass
2014-08-28 22:08 | Report Abuse
Ayooooooo apa apaan ini ibu jeni
kok loe ngomong yg nggak ada kaitannya dengan forum ini
Loe bikin orang just passing by all the great information regarding glotek by reading and chatting nonsense with u
pigi kawin la pompuan tua gatal
2014-08-28 21:57 | Report Abuse
Abang ayamtua sudah makan malam belum
Abang pegi le makan
Tak payah nak promote dan beri semangat kpd mereka siang dan malam
Saya sendiri dah penat
tentu kakakku ayamtua jugak penet bener
sudah cukup malah berlebihan informasi yg abang ayamtua, gue sendiri cbmgas dan ramei lagi kawan kawa terbaik yg not the least
Jaga kesihatan mu kakak ayamtua......
jika ada rejeki dari Tuhan... nggak ke mana2
Gue mau rehat
loe pun perlu rehat kakak
Lepas loe makan
Loe pegi tidor dong
gue juga mau tidor
Tapi bukan tidor bersamamu dong .... hehe
2014-08-28 21:40 | Report Abuse
G L O T E C
G = gampang banget
L = loe wahai
O = orang orang yang
T = tak meng-
E = erti
C = counter yg bombastic macam glotec ni !
brengsek goblok%=&^/$#£*&&^//^&*
2014-08-28 21:33 | Report Abuse
@ayamtua... u know what? Whatever information we give them... they are either not reading them or didnt even click the links ..
u know what ayamtua.... rasa macam mengajar BUDAK BUDAK SEKOLAH PENDIDIKAN KHAS...
not just ignorant ... very spastic...
damn!
2014-08-28 21:25 | Report Abuse
First link
http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_tm_stocksss&ac=2272&sch=ch_stocks_ownership
2nd link
https://www.bsibank.com/en/
top 5 shareholders of glotek
BSI SA, Asset Management Arm 299,258,127.00 units = 5.56%
Darulnas (M) Sdn Bhd 298,000,000.00 units = 5.54%
Lembaga Tabung Angkatan Tentera (LTAT) 336,090,200.00 units = 6.25%
Tian Goh 1,050,033,261.00 units = 19.51%
*Kok Keong Kong 705,702,677.00 units = lu kiralah sendiri
-------
Who are BSI.???
Click both links above .... aku kata klik ....klik le...yang kau ni degil apasal? Nak kena pukul?
---
* kok keong bukan pemain badminton, sebagaimana jokowi juga bukan
.....
2014-08-28 21:06 | Report Abuse
https://www.bsibank.com/en/
Oh kawan2 dan musuh2 serta neutralis2 sakalian... ngomong ngomong... nggak ada hujungnya dong
sila dong... TEKANIN link KEDUA di atas ... gue bilang TEKANIN.... loe tekanin sekarang... atau loe mau gue ngepetin?
ya terimakasih hasil usaha ketua kantor kekonfidenan glotec ltd... ini link dari beliau...Bapaknya Ayamtua.....
tekan loe ...nanti bisa gue jokowi kepala mu dong
pokoknya BSI sebuah bank yg hebat
sungguh pasti bisa banget mereka miliki kuantitas share glotek yg gendut ...
pokoknya tekannnnnnnnnnnn itu link
2014-08-28 20:59 | Report Abuse
http://www.bursamarketplace.com/index.php?ch=ch_themarket&pg=pg_tm_stocksss&ac=2272&sch=ch_stocks_ownership
Wahai manusia yg tak berapa nak pandai... sila tekan link di atas... aku kata tekan .. tekanlah !!! Cakap org tak nak dengar... bacalah...
2014-08-28 20:57 | Report Abuse
Holly shit... bsi is a bank huh ayamtua?
for the passing weeks... I have been spreading more and more information about glotec...
while u keep some secret about it? Or did u extracted the info just now?
man ... thats the best info u give about glotec ever!!!
hahaha... mcm ni caranya....
2014-08-28 19:11 | Report Abuse
3,470,019,200 shares have been traded
3,470,019,200 shares have changed hands
since glotec started to explode on 7th august 2014 with volume traded 131,200,800 shares till today 28th august 2014 ( volume = 159,034,600 shares traded)
while share base is about 5,380,000,000 units....
3,470,019,200 units have changed just within just 16 days
2014-08-28 17:28 | Report Abuse
Glotec is mainboard ... ifca and sanichi are only mesdaq ... many have forgot ...kahkah
2014-08-28 17:23 | Report Abuse
Hero hidustan kalah dululah.... hehehe
2014-08-28 17:22 | Report Abuse
Ayamtua your'e the man ... most here are pondan, betina , chicken (not you lah... hehe), naive ... haha ... orang main saham mesti mau untung ... diaorang ni kena pergi "KURSUS PEMANTAPAN MINDA DAN JUGA KOTEK" ... kahkahkah
2014-08-28 17:17 | Report Abuse
Although we do not have algorithm software...glotec have AL GOHTIANCHUA... hehe
2014-08-28 17:14 | Report Abuse
Halo atarah...algorithm ,,, is not in head bro... its a computer software ... very high precision and accuracy.... no one have it....except the Globalists and The Federal Reserves of America
2014-08-28 17:07 | Report Abuse
Steady.... you are steady indeed ... hehe
2014-08-28 17:06 | Report Abuse
Typo .... cap tunai? Tupai ....... hahahaaha
2014-08-28 17:05 | Report Abuse
Sell when u make profit... keep when u are at loss ... this is the way to always win except... when your counters going to be classified as PN17 ... buy low ...always ... sell high if possible
Ayamtua itu pasal semalam wa ajak minum kopi cap tunai...murah maaa ... nescafe mahal maaa... kahkah
2014-08-28 17:00 | Report Abuse
Congrat dato goh .. congrat... congrat sharks... congrat ayamtua.... congrat contrarian .. see u at 8 cents ... hahaha
2014-08-28 16:05 | Report Abuse
Poor money only bro ayamtua... yet rich volume .. hahaha
2014-08-28 15:51 | Report Abuse
Lu punya taktik sama mcm wa kakak ayam tua ... hehe... always increasing our volume... because we do believe in glotec... and we do not care what the nay sayer are saying neither the weaks ... haha
2014-08-28 15:47 | Report Abuse
Nanti kita tengok sapa yg pondan atau meleka tengok kita 2 olang swim naked ... haha... lu itu hali beli 0.095 bukan?... bila dia naik 14 sen... mestu lu ada jual bukan? And then buyback bukan? So lu belum lugi lagi bukan?
haha... wa pun sama mcm lu... your volume increases... wa pun sama ... haha
2014-08-28 15:43 | Report Abuse
Lu ingat itu ifcamsc sama sanichi lain sharks kah? Itu sharks nanti dia dump ifca sama sanichi sama dia punya waran sekali... balu lu tau...lepas itu sharks masuk sini balik lo... same sharks lo
2014-08-28 15:26 | Report Abuse
Lu ingat mau goreng kaunter ini macam punya busat senangkah?lu ingat sharks boleh angkat tak henti hentikah? Lu ingat lu mau naik tinggi? Boleh goleng kecil2 kah? Lu ini goleng ayamkah? Ini goleng buah belangan loh... kena kacau, pusing banyak kali lo.. balu boleh masak betul2... haha
2014-08-28 15:21 | Report Abuse
Cepat2 buang... org tunggu mau jual semakin bertambah... cepat2 kasi abis buang at 10 cents... tunggu di 8 sen ... haha
2014-08-28 15:19 | Report Abuse
Goh wants more at 10cents.... please give... he's my master
2014-08-28 15:17 | Report Abuse
Let the disbelievers dump... they can always buyback or serik...haha
2014-08-28 15:16 | Report Abuse
Now about 40m units have been dumped at 10 cents
2014-08-28 15:00 | Report Abuse
About 20m was dumped at 10 cents
Stock: [GLOTEC]: GLOBALTEC FORMATION BERHAD
2014-08-29 08:07 | Report Abuse
4.2 trillion cu ft of methane gas
4.2 trillion cu ft of methane gas
4.2 trillion cu ft of methane gas
4.2 trillion cu ft of methane gas
4.2 trillion cu ft of methane gas
4.2 trillion cu ft of methane gas
4.2 trillion cu ft of methane gas
...