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oil and gas
IPCO warns of 1Q net loss
SINGAPORE (Sept 5): IPCO International says it is expecting to report a net loss for 1QFY17.
September 05, 2016
Broker's Calls
Banks key to survival of O&G companies
SINGAPORE (Aug 25): OCBC Investment Research analyst Low Pei Han says banks that are currently financing the O&G companies will play a key role in ensuring their survivability.
August 25, 2016
New Silkroutes’ IEG expects to exceed FY17 revenue target of US$225 mil
SINGAPORE (Aug 24): International Energy Group (IEG), the oil and gas unit of New Silkroutes Group (NSG), says it is on track to generate revenue of more than US$225 million ($304.4 million) by end FY17.
August 24, 2016
Results
Baker Tech sinks to half-year loss on weak sales, forex loss
SINGAPORE (July 29): Baker Tech sunk to a half-year loss compared to a profit of $6.4 million a year ago, dragged down by poor sales and a foreign exchange loss.
July 29, 2016
Results
Baker Tech posts 2Q earnings of $0.4 mil on one-off gain
SINGAPORE (July 29): Baker Technology’s earnings for the 2Q ended June surged nearly ninefold to $400,000 from $45,000 a year ago.
July 29, 2016
Swiber Holdings proposes wind up, directors step down
SINGAPORE (July 28): Swiber Holdings says it has filed for an application on Wednesday to wind up the company, and that its directors have resigned.
July 28, 2016
Swiber incorporates subsidiary; announces delay in completion of offshore project
SINGAPORE (July 8): Swiber Holdings has announced the incorporation of a wholly owned subsidiary, Swiber Assets. The newly formed subsidiary is an investment holding company with an initial issued capital of US$10,000.
July 08, 2016