Last $0.0080 SGD
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Volume 1.1M
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As of 3:11 AM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

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01/3/14 - $0.04
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magnus energy group ltd (MAGE) Details

Magnus Energy Group Ltd., an investment holding company, engages in oil and gas equipment distribution in the Asia-Pacific, and coal mining activities in Indonesia. The company supplies equipment, tools, and accessories used in the oil drilling business; distributes tubular products, equipment, and spares; provides environmental and waste management services; fabricates and installs control systems; and tests valve actuation. Its equipment and spares comprise drilling equipment and spares, drilling consumables, handling tools, general hardware, safety equipment, production equipment and accessories, pipeline products, meters and gauges, and special steel products; and oil country tubular goods to the oil and gas industry. The company also provides drilling fluids systems, such as solid removal, barite recovery, and cutting wash. In addition, it is involved in the exploration and evaluation of mineral resources; trading in chemical materials; and sale and rental of decanters. The company has a concession to explore for coal in approximately 23,124 hectares of land in East Kalimantan, Indonesia. Magnus Energy Group Ltd. was incorporated in 1983 and is based in Singapore.

Founded in 1983

magnus energy group ltd (MAGE) Top Compensated Officers

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magnus energy group ltd (MAGE) Key Developments

MAGNUS Energy Group Announces Executive Changes

MAGNUS Energy Group's managing director Lim Kuan Yew has resigned to 'pursue his personal ventures and businesses'. Magnus announced that 'for the interim', its chief financial officer, Mr. Ho, will assume Mr. Lim's duties and responsibilities and will be appointed as the interim chief executive officer.

Magnus Energy Group Ltd. Appoints Seet Chor Hoon as Independent Non-Executive Director, Chairman of Remuneration Committee and Member of the Audit and Nominating Committees

Magnus Energy Group Ltd. announced the appointment of Ms Seet Chor Hoon as Independent Non-Executive Director, Chairman of Remuneration Committee and a member of the Audit and Nominating Committees, effective August 15, 2014. From August 2011 to present, Ms Seet is owner and director of Seedz@Play Pte. Ltd.

Magnus Energy Group Ltd Changes Registered Office to 400 Orchard Road, #19-06 Orchard Towers, Singapore 238875 with Effect July 16, 2014

The Board of Directors of Magnus Energy Group Ltd. announced that the registered office of the company will officially be changed to 400 Orchard Road, #19-06 Orchard Towers, Singapore 238875 with effect from 16 July 2014.


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