These are Singapore companies likely to be in focus on Monday, 15 April 2019: UIC, OUE, Yangzijiang, Keppel, Ezion and Yongnam.
Ezion said Friday Malaysian offshore services provider Yinson was still in talks with the Singapore company’s lenders over debt assignment agreements.
These are Singapore companies which may be in focus on Friday, 12 April 2019: Ezion, Accordia Golf Trust, JUMBO Group and ValueMax.
Ezion said Thursday it believed it could continue as a going concern after its independent auditor, KPMG, included a statement of material uncertainty.
These are Singapore companies which may be in focus on Monday, 1 April 2019: Swiber, SIA Engineering, Hyflux, Singapore Airlines and CapitaLand.
Yinson is in advanced talks to take over US$916 million of debts from troubled liftboat charterer Ezion’s lenders, the Singapore company said Sunday.
These are Singapore companies which may be in focus on Monday, 4 March 2019: Thai Beverage, Ezion, Pine Capital, AA REIT and Singtel.
Ezion requested a mandatory suspension of its shares Monday. That followed a voluntary suspension Friday citing advanced discussions with a potential strategic investor.
Ezion requested a voluntary suspension of trade in its shares Friday, citing advanced discussions with a potential strategic investor which has begun some due diligence.
Ezion reported Friday its 4Q18 loss after tax widened to US$390.83 million as utilization and charter rates fell and amid an industry credit crunch.
These are Singapore companies which may be in focus on Wednesday, 27 February 2019: CapitaLand, Golden Agri, UOL, OUE and Olam.
DBS downgraded Ezion to Hold from Buy and slashed its target price to S$0.06 from S$0.14 after the company issued a profit warning last week.