Ezra Holdings

Ezra warns of possible US$170 mil writedown, clarifies media reports

SINGAPORE (Feb 3): Ezra Holdings says there may be a need to write down US$170 million ($240 million) worth of its investment in, shareholders’ loan to, and the inter-company balances owed by ECS Group.

Ezra calls for trading halt amid writedowns at joint venture

SINGAPORE (Feb 2): Ezra Holdings has requested for a trading halt before trading hours on Wednesday, as Chiyoda Corporation and NYK Line issued warnings of one-off write downs against their  stakes in Emas Chiyoda Subsea, the subsea joint venture with Ez

Results

Triyards posts 66% fall in 1Q earnings to US$2.1 mil

SINGAPORE (Jan 6): Triyards, the subsidiary of Ezra Holdings, posted a 66% fall in 1Q17 earnings to US$2.1 million ($3 million) from US$6.2 million in the previous year.

Market Close

STI rises 1.1% to 2,954.14 on regional strength

SINGAPORE (Jan 5): The Straits Times Index ended Thursday 1.12% or 32.83 points higher at 2,954.14.
1MDB

Yahoo! Guess which were the top business stories in 2016?

SINGAPORE (Dec 12): Yahoo has revealed the top search trends, happenings and events that Singapore’s Internet users were captivated by in its 2016 Year in Review (YIR).

Broker's Calls

Continue to steer clear of Ezra for now, advises DBS

SINGAPORE (Dec 1): DBS Vickers Securities is advising investors to continue avoiding Ezra Holdings as it maintains its “fully valued” call on the offshore support provider, while lowering its target price to 4 cents from 6 cents previously.
Ezra Holdings

Broker's Calls

Two O&G companies that are poised to benefit from government-backed relief

SINGAPORE (Nov 28): DBS Group Research says Pacific Radiance and Ezra Holdings are two SGX-listed oil and gas players under its coverage that will likely qualify for and benefit the most from government-backed relief for the sector.

Market Close

STI closes 0.1% lower at 2,854.05

SINGAPORE (Oct 25): The Singapore market ended slightly lower on Tuesday, as declines in oil and gas and marine-related stocks more than offset gains in plantation stocks amid surging crude palm oil prices.

Ezra seeking waivers from holders of $150 mil notes due April 2018

SINGAPORE (Oct 25): Ezra Holdings is seeking support from holders of its $150 million notes due April 2018 to waive any breach by the group as a result of non-compliance with the financial covenants from now to the maturity of the note.

Market Close

STI closes 0.5% higher at 2,844.62

SINGAPORE (Oct 19): Singapore stocks closed higher on Wednesday, following positive cues from regional peers.
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