restructuring

SINGAPORE (Sept 14): Mermaid Maritime announced Thursday that it has won a long-term submarine cable survey contract in the Middle East worth an estimated US$7 million ($9.4 million). Scheduled to start in 3Q 2017, the work involves the use of a Mermai

SINGAPORE (Sept 1): EMAS Offshore said it has received various proposals from potential investors after initiating restructuring proceedings this week.

SINGAPORE (May 18): A quarter of unexpected losses, the implications of sustained cash burn, and inadequate guidance have now snowballed into a crisis of market confidence for Noble Group.

LONDON (March 15): As Noble Group investors head for the door, the embattled commodity trader has turned to a man whose resume is a roll-call of Asia’s highest-profile corporate collapses.

SINGAPORE (April 24): Nam Cheong, the OSV builder has revealed the extent of “various obligations” owed to financial lenders and trade creditors that have fallen due, and that it expects to fall due.

SINGAPORE (March 9): CIMB has started its coverage of AEM Holdings with an “add” rating at a higher target price of $2.69.

SINGAPORE (March 7): Datapulse Technology, the total solution provider of CD, DVD and Blu Ray Discs services in the Asia Pacific region, saw 2Q losses widen to $0.7 million from $0.6 million a year ago on lower revenue.

SINGAPORE (Feb 8): UOB is forecasting an overall budget surplus of $6.7 billion for FY16 -- 0.9% higher than the Singapore government’s estimate of $3.4 billion -- on expectations of higher contributions from corporate and personal income taxes; motor v

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.

SINGAPORE (Dec 20): COSCO Corporation (S) has converted the trading halt of its shares into a trading suspension.