About Propel Global
Propel Global is a publicly listed company based in Kuala Lumpur (Malaysia), and was acquired by Hextar Global in October 2023. It operates as an integrated technical solutions are provided to industrial clients worldwide. Propel Global has completed 4 acquisitions, including Best Wide Engineering, Best Wide Engineering and E-Maintenance. Its focus areas include Energy, Oil & Gas Upstream and Diversified. Its legal entity is Propel Global Berhad.
Company details
Essential services in oil and gas operations are delivered by Propel Global Berhad, complemented by engineering solutions for diverse sectors. Technical support and maintenance activities are handled for clients across industries, with a focus on reliability and efficiency. The company is headquartered in Kuala Lumpur, Malaysia, and extends its operations regionally to meet client needs in resource-intensive environments.
- Headquarters Kuala Lumpur, Malaysia
- Stage Acquired
- SectorsEnergy & Utilities
- Website propelglobal.com.my
- Acquired by Hextar Global (Oct 2023)
- Legal Name Propel Global Bhd.
- Annual Revenue$19.68 M (USD)-27.62as on Jun 30, 2026
- Net Profit-$6.66 M (USD)-12.54as on Jun 30, 2026
- EBITDA-$8.13 M (USD)-738.32as on Jun 30, 2026
- Investors
- Investments & AcquisitionsBest Wide Engineering
& 3 more
- Acquired byHextar Global
(Oct 2023)
Investors in Propel Global
Propel Global has secured backing from 1 investor. Prominent investors backing the company include Hextar Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment holding company distributing agrochemicals, energy solutions, and industrial products. | 2019 | hextarglobal.com | Klang, Malaysia |
Investor details for Propel Global
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IPO & Listings of Propel Global
Propel Global is a publicly listed company on the MYX with ticker symbol PGB in Malaysia, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Jul 2005
- Listed onMYX: PGB
- Listed entityPropel Global Bhd.
- Exchange sectorIndustrial services
- ISINMYQ0091OO007
- Share price0.06 MYR · 2026-10-13
- Market capitalisation51,972,051.00 MYR
- EPS (diluted, trailing year)-0.03 MYR
Financials of Propel Global
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2026 | 80.4M MYR | -27.2M MYR | -33.2M MYR |
| 2025 | 111.1M MYR | -24.2M MYR | -4.0M MYR |
| 2024 | 176.0M MYR | 5.7M MYR | 747,000 MYR |
| 2023 | 112.3M MYR | 7.7M MYR | 10.4M MYR |
| 2022 | 77.6M MYR | 78.6M MYR | -14.3M MYR |
Detailed financial statements for Propel Global
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Investments & Acquisitions by Propel Global
Propel Global has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Best Wide Engineering, Best Wide Engineering and E-Maintenance.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of e-maintenance services for hardware repair, troubleshooting, pickup, and collection | e-maintenance.com.my | Petaling Jaya, Malaysia | 2007 | Sep 2023 | $4.28M | |
Oil and gas exploration and production activities are conducted. | bestwideengineering.tcc.mode | – | 0 | Dec 2022 | $1.78M | |
Exploration and production of oil and gas are conducted. | bestwidegroup.com | Kuala Lumpur, Malaysia | 2010 | Dec 2022 | $1.78M | |
Civil construction, maintenance, and facility management services are provided. | ongkuwait.com | Ahmadi, Kuwait | 1976 | Dec 2022 | $1.78M |
Complete acquisition details for Propel Global
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Timeline of Propel Global
6 dated milestones of Propel Global across 18 years, from founding to its latest funding, stage changes and deals.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires O&G Engineering.
- Acquisition Acquires Best Wide Engineering.
- Acquisition Acquires Best Wide Engineering.
- Acquisition Acquires E-Maintenance.
- Exit Acquired by Hextar Global.
Web traffic of Propel Global
The website of Propel Global (propelglobal.com.my) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 71.2% vs previous month
Top companies in Oil & Gas Operations
10 companies that operate in the same segment as Propel Global (Oil & Gas Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | – | USD 35.69 B | 110,000 | |
MET Group is engaged in energy trading and renewable production. | 2012 | Zug, Zug, Switzerland | USD 58.74 M | USD 33.52 M | – | |
bp is recognized as a global energy company. | 1909 | United States | – | USD 185.5 B | 100,500 | |
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | – | USD 16.73 B | 14,700 | |
Provider of oil & gas downstream services | 1997 | United States | – | USD 13.55 B | 10,680 | |
Energy infrastructure services are provided by Kinder Morgan. | 1997 | United States | – | USD 16.81 B | 10,930 | |
Shell is recognized as a global energy and petrochemical company. | 1907 | London, England, United Kingdom | – | USD 262.93 B | 104,000 | |
Provider of natural gas & oil exploration and transportation services | 1922 | Buenos Aires, Argentina | – | – | – | |
Midstream services for oil and gas are provided. | 1996 | Dallas, Texas, United States | – | USD 85.54 B | 16,250 | |
Integrated petroleum services are provided worldwide by Oxy. | 1920 | Houston, Texas, United States | – | USD 21.56 B | 13,320 |
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Related news about Propel Global
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Frequently Asked Questions about Propel Global
Propel Global is headquartered in Kuala Lumpur, Malaysia.
Annual revenue of Propel Global is $19.68M as on Jun 30, 2026.
Essential services in oil and gas operations are delivered by Propel Global Berhad, complemented by engineering solutions for diverse sectors. Technical support and maintenance activities are handled for clients across industries, with a focus on reliability and efficiency. The company is headquartered in Kuala Lumpur, Malaysia, and extends its operations regionally to meet client needs in resource-intensive environments.
Yes, Propel Global is publicly traded on MYX under the ticker symbol PGB.
Propel Global has made 4 acquisitions, including Best Wide Engineering, Best Wide Engineering, and E-Maintenance.
Propel Global has 1 investor. Key investors include Hextar Global.
Propel Global operates through Propel Global Berhad.
Yes. Propel Global was acquired by Hextar Global in October 2023.