KrisEnergy

KrisEnergy seeks survival with debt restructuring

SINGAPORE (Nov 17): A Singapore-listed oil and gas explorer is fighting for survival as it seeks approval from bondholders for its debt restructuring proposal.

Results

KrisEnergy sinks into 3Q net loss

SINGAPORE (Nov 3): Oil and gas explorer KrisEnergy recorded a 3Q net loss of US$31.6 million ($43.8 million) compared with a net profit of US$9.3 million a year ago.

Market Close

STI closes 0.5% lower at 2,856.13

SINGAPORE (Oct 11): Singapore stocks closed 0.5% lower amid mixed fortunes of its Asian peers, many of which started on a positive note but closed lower.

KrisEnergy queried by SGX; second time in 30 days

SINGAPORE (Oct 11): The Singapore Exchange has queried KrisEnergy over its trading activity, its second time in 30 days, noting the unusual price movement of its shares.

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,

Tough time to boost Keppel’s war chest

SINGAPORE (Sept 21): Maybank Kim Eng is maintaining a “sell” on Keppel Corporation with a target price of $4.54, up from $4.50 previously.

Market Close

STI closes 0.14% lower at 2,805.52

SINGAPORE (Sept 25): Singapore stocks closed lower on Thursday, falling for the fourth consecutive session amid increased volatility in the global markets this week.

KrisEnergy exploring options as debt covenants come under stress

SINGAPORE (Aug 14): The energy collapse continues to rack up victims in Singapore.
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