Loyz Energy

SINGAPORE (May 11): CWX Global, formerly known as Loyz Energy, announced that it has swung back to profitability in 3Q18, posting earnings of US$0.03 million ($0.04 million), compared to a loss of US$0.2 million in the 3Q17.

SINGAPORE (Jan 30): CWX Global, formerly known as Loyz Energy, announced that 2Q18 earnings increased 172% to US$1.0 million ($1.31 million) compared to US$0.4 million in 2Q17, due to one-off settlement gains.

SINGAPORE (Dec 4): CWX Global, formerly known as Loyz Energy, says the group and its joint operators, have applied for four new PA (production areas) during the second half of this year.

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.

SINGAPORE (Sept 19): Oil and gas (O&G), exploration and production company Loyz Energy is proposing to change its name to CWX Global Limited, given the new business direction it is intending to undertake.

SINGAPORE (Sept 8): Loyz Energy is diversifying into fund management, investment and trading after streamlining its non-performing oil and gas assets to just a 20% stake in the onshore oilfields in Thailand.

SINGAPORE (Aug 17): Loyz Energy, the oil and gas exploration and production company, has swung back into the black in FY17, reporting earnings of US$12.9 million ($17.6 million) for FY17.

SINGAPORE (June 1): Loyz Energy says it regularly reviews its strategic options following a 5% jump in its share price but warned investors that no definitive agreements have been entered into by the group.

SINGAPORE (May 12): Oil explorer Loyz Energy has announced earnings of US$0.3 million ($0.4 million) for 3Q17, reversing from the US$18.2 million loss posted in the same period a year ago.

SINGAPORE (March 22): Loyz Energy does not expect the restructuring proceedings of Ezra Holdings to have any material adverse impact on the group in respect to the bank loans and the group’s financial results for the FY ending June 30 2017.