CWX Global Limited 威信国际 (“CWX Global”, and together with its subsidiaries, the “Group”) focuses on investment and trading activities, while being actively involved in its key investment – a 20% stake in the Thailand onshore oil concessions located at Phetchabun Basin.
The Thailand onshore oil concessions generate steady income from its existing oil producing wells. Barring unforeseen circumstances, plans for a new drilling campaign targeting at increasing oil production volume and reserves, have been delayed until early 2021. With substantial proven reserves for development as well as significant potential exploration upside, this investment holds the promise of value enhancement and sustainable long-term growth.
The Group is primarily involved in: (i) investments, including private equity deals, pre-initial public offerings (mature stage), initial public offerings, fixed income and hybrid instruments; and (ii) trading, including the trading of equities, commodities and other financial instruments.
The Group believes that its investment and trading platforms will benefit both investors and shareholders alike, enhancing risk management and creating value for all. With its own team of professionals as well as through FIT Global Pte. Ltd., a strategic joint venture, the Group seeks to offer a holistic suite of investment and trading services to corporate and institutional investors.
CWX Global is listed on the Catalist board of the Singapore Exchange Securities Trading Limited under stock code 594.