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Ezra Holdings
Ezra may reassess investment in Bursa Malaysia-listed Perisai
KUALA LUMPUR (Oct 19): Ezra Holdings said it may need to reassess its investment in Bursa Malaysia-listed Perisai Petroleum Teknologi as it seeks waivers from bondholders on some of its debt covenants amid “strong headwinds” from low oil prices, weak
October 19, 2016
Court grants judicial management to Swiber Holdings
SINGAPORE (Oct 6): Swiber Holdings, the Singapore-based firm that roiled the local bond market when it defaulted in August, has been put under judicial management while it reorganises debt.
October 06, 2016
Rebound in Ezra seen to be fleeting amid oil industry woes
SINGAPORE (Sept 26): Ezra Holdings is leading a rebound among Singapore oil-services providers this month, after bearish bets pushed the company’s shares to all-time lows. The rally will be short-lived amid deepening financial distress in the industry,
September 26, 2016
Singapore's rough week for shipping foreshadows challenging 2017
SINGAPORE (Sept 15): It has been a rough week for Singapore's shipping services industry and the going could get even tougher next year with record debt falling due.
September 15, 2016
Market Close
STI closes 0.8% lower at 2,870.03
SINGAPORE (Sept 9): The Singapore market ended lower on Friday, following negative leads from both the US and the rest of Asia.
September 09, 2016
Market Close
STI closes 1.7% higher at 2,851.74
SINGAPORE (Sept 5): The Singapore market ended higher on Monday following positive cues from the Wall Street and the Asian markets.
September 05, 2016
A penny stock DBS couldn’t save roils Singapore’s oil hub, banks
SINGAPORE (Aug 8): With a market value of $50 million, Swiber Holdings hardly seemed the kind of company to cause a ripple in the financial markets. Yet, the near-liquidation of the penny-stock firm has set off tremors in Singapore’s banking and energy
August 08, 2016
Market Close
STI ends 0.8% higher at 2,892.52
SINGAPORE (Aug 1): The Singapore market ended Monday higher thanks to broad-based gains and a regional lift as quarterly results and corporate news move individual counters.
August 01, 2016
Bears crowd Ezra as Swiber’s woes signal oil industry risks
SINGAPORE (Aug 1): Bearish bets on offshore marine services provider Ezra Holdings jumped close to the highest in a year as the failure of smaller rival Swiber Holdings heightened concerns for the financial health of companies in the oil industry.
August 01, 2016