New Silkroutes Group

What New Silkroutes Group does

New Silkroutes Group Ltd. (NSG) is a Singapore-listed public company headquartered in Singapore, operating across three reported business segments: oil and gas trading, enterprise info-communication system integration, and network security. The company employs 51–100 people and serves markets in Southeast Asia, with no global footprint claim disclosed. Beyond its core businesses, NSG pursued inorganic diversification through acquisitions, including Healthsciences International in September 2016 for approximately $2.17 million, and two Shanghai-based industrial assets — Shanghai Fengwei Garment Accessories and Shanghai Fengwei Nonwovens — in February 2018, signaling an attempted pivot toward Chinese consumer/industrial holdings under a multi-sector holding structure.

The company's commercial activity between 2016 and 2018 has been placed under severe legal scrutiny. According to Singapore State Courts proceedings that commenced on 4 February 2026, prosecutors allege that between February and August 2018 former CEO Goh Jin Hian, former chief corporate officer Kelvyn Oo Cheong Kwan, former finance director William Teo, and GTC Group director/market maker Huang Yiwen conspired to artificially inflate NSG's share price above 40 cents so that inflated shares could be used as consideration for acquisitions and capital raising. Goh Jin Hian, identified by prosecutors as the alleged mastermind, faces 39 charges including 31 counts of conspiracy to create a misleading appearance regarding share price; Teo and Huang have already been sentenced to prison. WhatsApp communications entered as evidence include statements about marking the close by buying small share lots. NSG's operating status remains 'operating' but its corporate governance, reputation, and access to capital markets have been materially impaired.

No proprietary technology, pricing model, distribution channels, marketing channels, named customers, partnerships, patents, certifications, or awards are disclosed in the available source data. The information-communication technology and network security business lines are described only at the segment level, with no underlying technical architecture, product portfolio, or GTM motion specified. As a result, the investment-relevant operational picture is dominated by the legal overhang rather than by underlying commercial fundamentals.

Name

New Silkroutes Group

Legal name

New Silkroutes Group Ltd.

Website

https://newsilkroutes.org

Company type

Public

Operating status

Operating

Headcount range

51–100 employees

Short description

New Silkroutes Group is a Singapore-listed holding company operating across oil and gas trading, enterprise ICT systems integration, and network security, with diversified industrial assets in China acquired in 2016–2018 and significant legal exposure from an ongoing market-manipulation trial.

Ownership category

akta.pro rank

Product category

Energy Trading and IT Integration Services

NAICS

Commodity Contracts Intermediation (523160)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Crude Oil & Refined Products Trading & Marketing (EUAGAAAD)

Keywords

• Oil and gas trading
• Enterprise system integration
• Network security services
• Info-communication solutions
• IT infrastructure deployment

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain

Core offering

New Silkroutes Group operates as a business of oil and gas trading, enterprise info-communication system integration, and network security. The group combines commodity trading with enterprise IT integration and cybersecurity services for its customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Gas Trading Trading of oil and gas commodities as part of the group's diversified energy trading activities.
• Enterprise Info-Communication System Integration Integration of enterprise information and communication systems for business customers.
• Network Security Services Network security offerings delivered as part of the group's enterprise IT services portfolio.

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves6 records

Expansion highlights3 records

Direct peers

• Trafigura: Global commodity trader with major Singapore presence and oil & gas trading activities; directly comparable to NSG's core trading business and the regional Asian trading ecosystem.
• Mercuria Energy Trading: Independent global commodity and energy trader active in crude oil and refined products; comparable to NSG's oil and gas trading operations and counterparty profile.
• Gunvor Group: Independent commodities trader specializing in oil, gas, and refined products with significant Singapore operations; directly comparable in trading scope and Asian footprint.
• BGC Group: Global broker-dealer in commodities, energy, and financial products; relevant comparable if NSG's trading desk operates as an intermediary or broker alongside its physical trading activity.

Broad incumbents

• Glencore: Diversified major commodity trader with energy/oil trading book; relevant as a broad incumbent comparable to NSG's oil trading activity, even though commodities scope is much wider.
• ST Engineering: Singapore-listed technology and engineering group with network security and ICT integration capabilities; relevant as a regional incumbent comparable to NSG's enterprise ICT and security verticals.
• Vitol: One of the world's largest independent physical oil and energy traders; comparable to NSG's oil and gas trading vertical at a vastly larger scale, useful as a benchmark for trading-business economics.

Regional players

• Nera Telecommunications: Singapore-based provider of network and ICT infrastructure services; comparable to NSG's enterprise info-communication system integration and network security business in the same regional market.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/new-silkroutes-group-limited

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Silkroutes Group