Gulf Oil and Gas accountACCOUNT

Tanjung & Drilltec Form JV to Tap Malaysia Drilling Market

Source: 1/2/2015, Location: Asia

Malaysia's investment holding company Tanjung Offshore Berhad (TOB) announced that the it had received Jan. 2 the Certificate of Incorporation (Form 9) dated Dec. 30, 2014 from the Companies Commission of Malaysia on the incorporation of a subsidiary by Tanjung Offshore Services Sdn. Bhd. (TOS), a wholly-owned subsidiary of TOB namely Tanjung Drilltec Sdn. Bhd. (Tanjung Drilltec).

Tanjung Drilltrec is incorporated in Malaysia with an authorized capital of $141,750 (MYR 500,000) comprising 500,000 ordinary shares of $0.2835 (MYR 1.00) each and paid-up capital of $28,350 (MYR 100,000) comprising 100,000 ordinary shares of $0.2835 (MYR 1.00) each.

The directors of Tanjung Drilltec are Muhammad Sabri bin Ab Ghani, Tan Wee Koh, Zulkifly bin Zakaria and Wong Kah Ming. Tanjung Drilltec is jointly owned by TOS and Drilltec Offshore Sdn. Bhd. (Drilltec) with TOS and Drilltec hold 51 shares and 49 shares respectively in Tanjung Drilltec.

The intended principal activity of Tanjung Drilltec is marketing, managing, owning, operating, maintenance and repair, leasing, chartering, of drilling rigs for oil and gas industry in Malaysia. None of the directors and/or substantial shareholders of the Company and/or persons connected to them have any interest, direct or indirect, in the above-mentioned incorporation. The above-mentioned incorporation is not subject to the approval of the shareholders of the Company.

For more information about related Opportunities and Key Players visit Caspian Region Projects

Mergers and Acquisitions News in Malaysia >>

Algeria >>  5/30/2020 - SONATRACH announces the completion of a transaction to acquire 19.10% of the shares held by the Spanish company CEPSA Holding in the Company Medgaz. W...
United Kingdom >>  5/28/2020 - InfraStrata plc (INFA) is pleased to announce that it has entered into a term sheet with West Face Long Term Opportunities Global Master L.P. (the Ven...

Australia >>  5/25/2020 - 88 Energy Limited has commenced the despatch of its bidder’s statement dated 21 May 2020, which contains 88 Energy’s offers to acquire all of the ordi...
Netherlands/Holland >>  5/25/2020 - Fugro has received USD 17.3 million from the sale by Global Marine Group of a 30% stake in Huawei Marine Networks (HMN) to Hengtong Optic-Electric Co ...

Canada >>  5/21/2020 - Matthew Bassett, CEO & Chairman of Bassett Financial Corporation, the financial advisor for Refinery Ventures Corporation, has announced that the comp...
Colombia >>  5/21/2020 - Petrobras, following up on the press release disclosed on 03/06/20, informs that the non-binding phase related to the sale of 100% of the shares held ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Malaysia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.