About Golden Energy
Golden Energy and Resources Limited (GEAR), formerly United Fiber System Limited, is a Singapore-based company, which is engaged in the exploration, mining, processing and marketing of thermal coal. The Company sources thermal coal from its coal mining concession areas, covering an aggregate of approximately 38,170 hectares in South Kalimantan, Central Kalimantan and Jambi (a province in Sumatra), Indonesia. It operates through four segments: Coal mining, Coal trading, Forestry and pulp, and Others. Its Coal mining segment is engaged in exploration, mining, processing and marketing of thermal coal from its coal mining concession areas. Its Coal trading segment is engaged in procuring sales orders from customers and sourcing for domestic suppliers. Its Forestry and pulp segment is engaged in forestry operations and manufacture of wood chips. Its Others segment includes investment holding and trading. Its subsidiaries include Anrof Singapore Limited and Able Advance Limited.