REACH ENERGY BHD
KLSE (MYR): REACH (5256)
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Last Price
0.08
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Profile
REACH ENERGY BHD
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: ENERGY ENERGY
Subsector: OIL & GAS PRODUCERS OIL & GAS PRODUCERS
Index Group: ENERGY ENERGY
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: Yes Yes
IDSS Flag: No No
Description
Reach Energy Berhad, formerly Reach Energy Sdn Bhd, is a special purpose acquisition company for oil and gas exploration and production. The Company is focused on developing upstream hydrocarbon resources in the Asia Pacific Region. The Company intends to acquire qualifying assets related to the exploration and production of oil and gas development and production activities in the petroleum industry (Qualifying Acquisition). It evaluated over 40 Qualifying Acquisition targets spanning approximately five countries within its region of interest. The Company is targeting oil and/or gas brownfields in the production phase, and fields in the proximity of existing producing areas that are either in development phase or in advanced stages of development planning that is with Field Development Plan (FDP) in progress or approved but where production has not commenced. It intends to focus on countries, such as Malaysia, Indonesia, Australia, Myanmar, Thailand, the Philippines and Vietnam
Address
No.1, Jalan Dutamas 1 D3-5-8, Block D3, Kuala Lumpur, 50480, Malaysia
+60364123000
Discussions
9 people like this. Showing 50 of 18,637 comments
i think this round got new share holder are increasing their stake. soon by 2-3 weeks will get to know
3 days ago
See today limit up or limit down if limit up all are rich man lo if limit down all people game over lo
1 day ago
@newbie_2016, Reach at current price is very undervalued, the problem is it has weak major shareholders.
1 day ago
mtd sell all share ，who buy 114000000，i can not believe retail investors can buy all share
13 hours ago
the mtd bulk sale I'm sure not to retail, someone must have lined up with the buys orders so that the sale cud be consummated, interesting...cud there be a new shareholder on voard
12 hours ago
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