CWX Global (formerly: Loyz Energy)

[greengiraffe]

Linked to Ezra family...

http://www.businesstimes.com.sg/premium/...n-20140920

PUBLISHED SEPTEMBER 20, 2014
Loyz Energy, lender in row over S$4m loan
Lender is claiming payment as a proposed note subscription falls through; Loyz says loan, note issue separate matters
BYCHAN YI WEN
yiwenc@sph.com.sg   @chanyiwenbt

In an announcement to the Singapore Exchange (SGX) on Friday, Loyz Energy said the company had on Sept 10 been served a writ of summons issued by plaintiff Advance Capital Partners claiming that Loyz Energy had failed to repay a S$4 million loan. Loyz Energy said that it considers the claim to be without merit - PHOTO: SPH
Singapore
A LEGAL tussle appears to be brewing between Singapore-listed oil and gas company Loyz Energy and Advance Capital Partners over a S$4 million loan.
In an announcement to the Singapore Exchange (SGX) on Friday, Loyz Energy said the company had on Sept 10 been served a writ of summons issued by plaintiff Advance Capital Partners claiming that Loyz Energy had failed to repay a S$4 million loan. Loyz Energy said that it considers the claim to be without merit.
Then in a subsequent announcement to the SGX, also on Friday, Loyz Energy said that it had filed an application to strike out the writ of summons on the basis that the writ, among other things, discloses no reasonable cause of action. Loyz's application is fixed for hearing on Oct 8.

[greengiraffe]

http://www.businesstimes.com.sg/companie...lack-in-q1

Loyz Energy swings into the black in Q1
By
Nisha Ramchandaninishar@sph.com.sg@Nisha_BT
11 Nov5:50 AM
Singapore

EXPLORATION and production energy firm Loyz Energy turned in a net profit of US$541,000 for Q1 FY2015, compared to a loss of US$1.63 million for the corresponding quarter a year ago.

Revenue more than tripled to US$6.87 million, up from US$2 million previously, due to the

[Behappyalways]

not vested

Can you understand????

Termination fee US$13.8m
then sold the 2 rigs for US$16m

http://infopub.sgx.com/FileOpen/Loyz-PR-...eID=349827

[wind22i]

The next multibagger..

Loyz Energy: Rides On Rising Oil Prices, Records Net Profit Of US$0.9 Million In 2QFY17.

01 Feb 2017 18:10Higher average realised oil price of US$44.85/bbl in 2QFY17 lifted revenue to US$2.6M. Improving outlook on global oil prices charts the course for Loyz Energy's growth, further strengthening the Group's earnings and financial position. The Group has commenced with its planned drilling campaign, which aims to increase production, reserves and value of its Thailand oil concessions.

[cyclone]

The company has changed its name from "Loyz Energy Limited" to "CWX Global Limited"