Listing Id: 4615
Last Refreshed: 07/05/2019
Total Views: 6205
(Expired)Seeking Capital Fund For Business Expansion
Central AreaRepair Services
Asking Price: S$500K - 1M
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$0
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Rental Desposit
N/A
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Revenue
S$200K - 500K
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Investor
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Staff
0
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Established
2014
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Source
Direct Seller
Reason For Sale
Business Expansion
Description
We are a group of industry professionals and have successfully setup Oiltech with the primary focus in the OCTG market in Myanmar. Our vision cast a strong position for Oiltech in Myanmar's market and put us ahead of any known competition. We are proud to be the first OCTG machine shop approved by MIC. We are now gearing for phase 2 expansion and a good time to consider inviting a long term strategic partner who can take us into another major league in the oil and gas sector. We hope to be able to promote the success of OilTech's story in the near future.
Our business plays a vital complimentary role in the upstream exploration business process.
We can offer significant advantages in the region Oil and Gas industry and generate a superiorrate of return in the mid term.
We look forward to discussing this great opportunity with any sincere investor.
Corporate website http://oiltechgroup.com.sg
Business Operation
Yangon, Myanmar
Facilities
high barrier of entry and specialised proprietary licenses are required.
Competition
Huge Potential as Myanmar is the last frontier in ASEAN economic block for O&G industry
Expansion Potential
Singapore