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Loyz Energy to issue 76.6 mil new shares to investment firm Arctos under JV deal

PC Lee Published on Sun, Oct 01, 2017 / 6:10 PM GMT+8

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SINGAPORE (Oct 1): Loyz Energy is issuing 76.6 million new shares at 1.305 cents each to Arctos Investments the multi-asset investment firm.

This comes under a September agreement between Loyz and Arctos to set up JV company FIT Global which will be in the business of fund management, investment and trading.

See: Loyz Energy to diversify into fund management, investment, trading as O&G assets shrink

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