Ezra Holdings

Triyards says no going concern worries, to review potential impact of Ezra bankruptcy filing

SINGAPORE (March 22): Triyards Holdings, the 60%-owned subsidiary of beleaguered offshore company Ezra Holdings, says it is in the midst of assessing the potential impact of Ezra’s recent bankruptcy filing on the group – but, at this stage, does not

Singapore's looming debt wall fuels concern as Ezra stumbles

SINGAPORE (March 20): Default fears are resurfacing in Singapore ahead of a wall of maturing corporate debt, as a U.S. bankruptcy filing of a firm from the city flags lingering pain despite economic recovery.

Ezra Holdings files for US bankruptcy

SINGAPORE (March 19): Oilfield services firm Ezra Holdings has filed for US Chapter 11 bankruptcy on Saturday, blaming a prolonged slump in the energy industry.

Ezra receives statutory demand for claim of over US$3.2 mil

SINGAPORE (March 10): Ezra Holdings, the offshore and marine group, announced on Thursday night that it has received a statutory demand for a claim from the solicitors of VT Halter Marine Inc (VTH) which is part of the ST Engineering group.

Commentary

Singapore stocks are floating on foam: Bloomberg Gadfly

SINGAPORE (March 7): Read the shipping and offshore oil industry news in Singapore and you'd be forgiven for imagining the country's stock market must also be in the doldrums.

EMAS Offshore to request for suspension of shares on SGX

SINGAPORE (March 6): EMAS Offshore, the subsidiary embattled offshore and marine group Ezra Holdings which is also listed in Norway, announced on Saturday it will be requesting for a voluntary suspension of its shares on the Singapore Exchange.
Ezra Holdings

In print this week

Will Ezra go the way of Swiber?

SINGAPORE (Feb 17): Local offshore services provider Ezra Holdings is struggling to stay afloat as it faces mounting debt, defaults and a winding-up petition.

Biggest Singaporean banks' earnings in focus as Ezra woes deepen

SINGAPORE (Feb 13): The woes of Singaporean energy-services provider Ezra Holdings are a stark reminder to the city’s biggest banks of the threat souring oil and gas loans pose to their earnings.

Hot Stock

Ezra hits record low on writedown fears

SINGAPORE (Feb 6): Shares of Ezra Holdings dived as much as 41.7% on Monday to a record low of 2.8 cents.

Broker's Calls

Which bank will be hardest hit in the event of Ezra’s liquidation?

SINGAPORE (Feb 3): CIMB Research remains “underweight” on Singapore banks given that asset quality concerns still loom, especially since Ezra Holdings today announced the possibility of a US$170 million ($240 million) writedown.
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