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Vallianz Holdings

Update

Vallianz says vessel collision has no material impact on group

SINGAPORE (Jan 15): Vallianz has released a statement regarding Sunday’s collision between a tanker and Star Centurion, a pipelaying vessel managed by its subsidiary, Vallianz Offshore Marine (VOM), in Indonesian waters.

Results

Vallianz reports 26% rise in 3Q earnings to US$5.9 mil on new charter contracts

SINGAPORE (Feb 12): Vallianz Holdings, the provider of offshore support vessels (OSV) in the Middle East, reported 3Q17 earnings increased 26.1% to US$5.9 million ($7.8 million) from US$4.7 million.

Vallianz's controlling shareholder Rawabi lifts stake to 41.2% after rights cum warrants issue

SINGAPORE (Dec 28): Vallianz Holdings' controlling shareholder Rawabi Holding Company Limited (RHCL), now owns a 41.2% stake in the company from 14.8% previously immediately after the completion of its rights cum warrants issue.

Vallianz posts 74% rise in 2Q earnings to US$5.3 mil

SINGAPORE (Nov 6): Vallianz, the offshore support vessel owner, reported a 74% rise in 2Q earnings to US$5.3 million ($7.2 million) from US$3 million a year ago on lower cost of sales, lower expenses and higher other income.

Results

Vallianz posts 12.5% rise in 1Q earnings to US$4.3 mil

SINGAPORE (Aug 14): Vallianz Holdings, the provider of offshore support vessels (OSV), posted a 12.5% increase in 1Q earnings to US$4.3 million ($5.9 mil) from a year ago.

Vallianz says creditors converted some $7.6 mil trade payables into new shares

SINGAPORE (Feb 22): Vallianz Holdings, the provider of offshore support vessels, announced that the group has entered into letters of agreement with certain trade creditors to settle $7.6 million of trade payables via the issue of new shares in Vallianz.

Results

Vallianz reports 35.4% fall in 4Q earnings

SINGAPORE (Feb 13): Vallianz Holdings, the provider of offshore support vessels, reported a 35.4% fall in earnings of US$3.1 million ($4.4 million) for the three months ended 31 December 2016 (4Q16).

Vallianz claims not linked to Swiber’s CAD investigations; business to ‘continue as normal’

SINGAPORE (Dec 7): Vallianz Holdings, the offshore support vessel provider, claims the group is not involved with the investigations against its independent non-executive directors Yeo Jeu Nam and Yeo Chee Neng, who hold positions at the company as direct

Results

Vallianz posts 85% drop in 3Q16 earnings

SINGAPORE (Nov 14): Vallianz Holdings, the vessel charterer, posted a 84.9% fall in 3Q16 earnings to US$0.69 million ($1 million) from US$4.6 million in 3Q15 a year ago.

Vallianz receives Swiber-related letters of request for payments amounting to US$63.5 mil

SINGAPORE (Aug 31): Vallianz Holdings announced that entities within its group have received letters from the interim judicial managers (IJMs) of Swiber Group requesting for payments totalling US$63.5 million ($86.6 million) which the managers claim to be
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