GSS Energy to make SGX debut on Thursday

Singapore

GSS Energy (GSS) will start trading on the SGX on Thursday amid a muted oil price environment.

However, the group is optimistic that its restructuring to mark its foray into the energy sector is timely as it looks to leverage on low oil prices to expand its presence.

One of GSS's two core businesses, and its traditional operations, has been Giken Sakata, which continues to operate on its precision engineering business. Upon deciding to enter the energy busines…