Corporate Profile

CWX Global Limited 威信国际有限公司 (“CWX Global”, and together with its subsidiaries, the “Group”) is listed on the Catalist board of the Singapore Exchange Securities Trading Limited under stock code 594. CWX Global, through the recent reorganisation of its business activities, is focusing on both (i) investments and trading-related activities; and (ii) oil and gas business. The Group, with its own team of professionals as well as through FIT Global Pte. Ltd. (a strategic joint venture), will seek to offer a holistic suite of investment and trading services to institutional and accredited investors.

 

In 2017, the Group diversified into the investment and trading platforms as it believes that this will benefit both investors and shareholders alike, enhancing risk management and creating values for all. In this segment, the Group is primarily involved in (i) investments, including private equity deals, pre-initial public offerings (mature stage), initial public offerings, secured lending, fixed income and hybrid instruments; and (ii) trading, including the trading of equities, commodities and other financial instruments.

 

The Group’s oil and gas business is primarily held through its 20% stake in the Thailand onshore oil concessions located at Phetchabun Basin. These concessions currently generate a steady income stream from its existing oil producing wells which, together with substantial proven reserves for development as well as significant potential exploration upside, holds the promise of value enhancement and sustainable long-term growth.

 

FIT Global, the strategic joint venture with Apostar Pte Ltd (formerly known as Arctos Investments Pte Ltd), focuses on deal-making, investments and trading. This joint venture is independent and yet complementary to the Group’s operations, enabling mutual benefits.