International Energy Group (IEG)

SINGAPORE (Mar 25): New Silkroutes Group has sold its entire stake in its oil trading division International Energy Group (IEG) to TK Energy for US$10 million ($13.5 million) in cash.

SINGAPORE (Feb 13): New Silkroutes Group (NSG), previously known as Digiland International, posted a decline in its losses to US$0.3 million ($0.4 million) for the second quarter ended Dec 31, a 37% improvement from its losses of US$0.5 million in 2Q16.

SINGAPORE (Aug 24): International Energy Group (IEG), the oil and gas unit of New Silkroutes Group (NSG), says it is on track to generate revenue of more than US$225 million ($304.4 million) by end FY17.