DonLee

DonLee | Joined since 2020-04-30

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Stock

2022-06-30 21:16 | Report Abuse

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.

Stock

2022-06-30 20:39 | Report Abuse

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

Stock

2022-06-30 17:09 | Report Abuse

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....

Stock

2022-06-30 17:07 | Report Abuse

its like a PP 1 billions shares at 20 cents .

Better than RI ask you for money lor

Stock

2022-06-29 17:34 | Report Abuse

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

Stock

2022-06-28 10:32 | Report Abuse

ini REach kuat kencing ni

Stock

2022-05-24 10:58 | Report Abuse

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

Stock

2022-05-24 10:50 | Report Abuse


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

Stock

2022-05-24 10:31 | Report Abuse

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

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2022-05-24 09:06 | Report Abuse

i also can help knm la

Stock

2022-05-24 09:06 | Report Abuse

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

knn

Stock

2022-05-24 09:01 | Report Abuse

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

Stock

2022-05-23 10:23 | Report Abuse

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

Stock

2022-05-14 21:30 | Report Abuse

but Brahim biz is otw back to pre pandemic

Stock

2022-05-13 21:52 | Report Abuse

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

Stock

2022-05-13 09:47 | Report Abuse

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

Stock

2022-05-13 09:35 | Report Abuse



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.

Stock

2022-05-13 09:32 | Report Abuse

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

General

2022-04-19 16:55 | Report Abuse

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

News & Blogs

2022-04-19 16:09 | Report Abuse

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

Stock

2022-04-14 18:58 | Report Abuse

siapa ada beli ? diam diam kasi sapu aiyo

Stock

2022-04-14 11:31 | Report Abuse

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

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2022-04-14 11:16 | Report Abuse

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

Who still come invest in malaysia market ?

Stock

2022-04-14 11:14 | Report Abuse

these PK all should be put in jails

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2022-04-14 11:13 | Report Abuse

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 ?

Stock

2022-04-01 19:05 | Report Abuse

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

Stock

2022-03-28 11:41 | Report Abuse

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

Stock

2022-03-28 11:40 | Report Abuse

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

Stock

2022-03-28 11:40 | Report Abuse

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

Stock

2022-03-28 11:39 | Report Abuse

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

Stock

2022-03-24 11:35 | Report Abuse

run before too late 2 cents coming

Stock

2022-03-24 10:03 | Report Abuse

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

Stock

2022-03-23 10:00 | Report Abuse

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

Stock

2022-03-21 10:33 | Report Abuse

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

Stock

2022-03-21 09:49 | Report Abuse

bossku holding a lot sapura ka ? wah

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2022-03-09 15:47 | Report Abuse

right issue otw may be 5 cents RI

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2022-03-09 12:05 | Report Abuse

sumatec should open shop again . now brent 131.

otw 150

Stock

2022-03-08 19:50 | Report Abuse

goreng pisang pun tak tau ke?

Stock

2022-03-08 19:47 | Report Abuse

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.

Stock

2022-03-08 15:39 | Report Abuse

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

Stock

2022-03-04 09:18 | Report Abuse

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

Stock

2022-03-02 20:36 | Report Abuse

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")

Stock

2022-03-02 20:35 | Report Abuse

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

Stock

2022-02-21 12:37 | Report Abuse

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 ?

Stock

2022-02-16 17:15 | Report Abuse

if jadi bank. can go how much ?

Stock

2022-02-16 15:07 | Report Abuse

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

Stock

2022-02-16 14:50 | Report Abuse

announce dividen 20 to 30 cents a shares pls

Stock

2022-02-16 14:22 | Report Abuse

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