Collaborating for Growth: NS Trading and M7 Huvo Launch 6-Year Joint Venture in Malaysia and Singapore

In an important development, NS TRADING & DISTRIBUTION SDN BHD (1292175-P) and M7 HUVO 1 FUEL TRADING CORP. (also known as "M7") have entered into a six-year joint venture partnership, which will run from December 11, 2024, to December 11, 2030. This collaboration marks a new chapter for both companies in the fuel trading sector, particularly in the supply and distribution of EN 590 10 PPM, a commonly used diesel fuel, in Malaysia, Singapore, and potentially other parts of the world.

NS TRADING & DISTRIBUTION SDN BHD (1292175-P), a company based in Malaysia, is involved in the trading of fuel products. The company, represented by its President, DATO SRI PADUKA SURENDRAN NADARAJAN, has established itself in securing fuel allocations and arranging fuel supplies. In this partnership, NS TRADING will act as the Fuel Supplier, responsible for arranging fuel allocations for the venture.

On the other hand, M7 HUVO 1 FUEL TRADING CORP., headquartered in the Philippines and represented by its President and CEO, MR. EMMANUEL ALVAREZ (also known as M7), will serve as the Seller of the fuel products in the joint venture. M7 will handle the sale and distribution of EN 590 10 PPM ULSD fuel in key locations, particularly in Malaysian Ports and Jurong Port in Singapore.

M7 has developed a strong network of approximately 45 End Buyers in different parts of the world, which he became passionate about consolidating after being scammed by a certain Serik Omarov, who posted as the Sales Director of AMANAT OIL REFINERY, and Edmond Scholes, who posted as the Sales Manager of Ras Laffan Terminal Oil. Between September 2023 and October 2023, M7 deposited 90,000 USD into the bank account of APEX OIL and GAS Trading in 100 Raleigh NC, Texas Houston, for the so-called tank extension fee in their transaction in Fujairah. To date, in December 2024, the amount has not been recovered.

Due to the current fuel supply limitations, M7 is currently collaborating with 8 of these buyers. M7 continues to expand its network, particularly focusing on verified genuine fuel suppliers who are essential to ensuring a reliable fuel trading operation. M7's strategic initiative is to establish High-Level Integrity Fuel Transactions by expanding its network of verified Sellers. As the fuel supply becomes more readily available, M7 intends to extend its services not only to more buyers but also to more reliable sellers, ensuring the highest standards of fuel trading.

The partnership between M7 and NS Trading is a vital part of M7’s "FUEL TRADING INTEGRITY PROJECT" to establish High-Level Integrity Fuel Transactions by setting up M7's verified Genuine Sellers and Genuine Buyers. This collaboration aims to address the persistent dilemma in the fuel industry, where integrity is often questioned, and the "chicken and egg" scenario of finding reliable parties continues to exist. By acting as a Special Purpose Vehicle, M7 seeks to bridge these gaps, promoting trust and transparency within the fuel trading industry.

This joint venture is a testament to the collaborative spirit and strategic vision of NS Trading and M7, both of whom are confident that their combined efforts will foster success and pave the way for future growth in the competitive fuel trading market.

The partnership, officially running from December 11, 2024, to December 11, 2030, reflects the shared vision and commitment of both companies to mutual success. With both companies eager to make the most of this long-term collaboration, they are optimistic about a prosperous future in the fuel trading industry across Malaysia and Singapore.

Throughout the next six years, the partnership will play a key role in ensuring that the growing demand for diesel fuel in these markets is met with efficiency and reliability. NS Trading and M7 are committed to working closely to ensure the smooth execution of their responsibilities, securing and distributing fuel allocations promptly, and upholding the high standards that both companies are known for.