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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.
February 03, 2017
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
February 02, 2017
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.
January 06, 2017
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.
January 05, 2017
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).
December 12, 2016
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.
December 01, 2016
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.
November 28, 2016
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.
October 25, 2016
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.
October 25, 2016
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.
October 19, 2016