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Last $0.03 SGD
Change Today -0.003 / -9.38%
Volume 16.4M
As of 5:04 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

magnus energy group ltd (MAGE) Snapshot

Previous Close
Day High
Day Low
52 Week High
08/4/14 - $0.85
52 Week Low
07/31/15 - $0.03
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for MAGNUS ENERGY GROUP LTD (MAGE)

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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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Executives, Board Directors

magnus energy group ltd (MAGE) Key Developments

Magnus Energy Group Ltd. Announces Resignation of Goh Boon Kok as Independent Non-Executive Director

The Board of Directors of Magnus Energy Group Ltd. announced the resignation of Mr. Goh Boon Kok as an Independent Non-Executive Director of the Company with effect from 2 July 2015.

Magnus Energy Group Ltd. Names Mr. Ong Chin Chuan as Independent Non-Executive Director, Chairman of Audit Committee and Member of the Nominating and Remuneration Committees

Magnus Energy Group Ltd. announced the appointment of Mr. Ong Chin Chuan as independent non-executive director, chairman of audit committee and a member of the nominating and remuneration committees, with effective from June 30, 2015.

Magnus Energy Group Ltd. Appoints Tan Yew Meng as Financial Controller

The Board of Directors of Magnus Energy Group Ltd. approved the appointment of Mr. Tan Yew Meng as Financial Controller of the company, effective from June 2, 2015, upon recommendation of the Nominating Committee for appointment after a review of his qualifications and work experience. Responsible for all matters relating to the Group's finance, tax, treasury, insurance, capital management, risk management, and general management of the subsidiaries as well as compliance issues.


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