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Value of GSS Energy's O&G assets waiting to be unlocked

PC Lee
PC Lee5/4/2017 03:20 PM GMT+08  • 2 min read
Value of GSS Energy's O&G assets waiting to be unlocked
SINGAPORE (May 4): NRA Capital is assigning GSS Energy a fair value of 23 cents if the latter could exploit its oil & gas (O&G) assets in Indonesia.
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SINGAPORE (May 4): NRA Capital is assigning GSS Energy a fair value of 23 cents if the latter could exploit its oil & gas (O&G) assets in Indonesia.

In a Thursday unrated report, analyst Liu Jinshu explains GSS Energy has two businesses, precision engineering (PE) and O&G exploration and production.

The PE business comprises of electronic manufacturing services in Batam, precision shafts manufacturing in Singapore and machining in Changzhou, China.

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