Globaltec to be full-fledged O&G company


Datuk Seri Goh Tian Chuan

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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , Globaltec , oil , gas

   

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