Perisai

SINGAPORE (Oct 9): The sale of nine undelivered jackup rigs by Norwegian Borr Drilling is welcome relief for Sembcorp Marine, says CIMB.

SINGAPORE (Dec 1): DBS Vickers Securities is advising investors to continue avoiding Ezra Holdings as it maintains its “fully valued” call on the offshore support provider, while lowering its target price to 4 cents from 6 cents previously.

SINGAPORE (Oct 26): Sembcorp Marine’s announcement that it had sunk to a net loss of $21.8 million in 3Q while 9-month earnings of $44.5 million made up just 25% of consensus full-year earnings came as a surprise for market watchers already expecting a

SINGAPORE (Oct 19): CIMB is keeping its “underweight” rating on Singapore banks amid worries over further worsening in asset quality, ahead of the local banks’ 3Q earnings announcements.

SINGAPORE (July 28): Rigbuilder Sembcorp Marine announced revenues amounting to $1.83 billion for the first six months of the year, a 27% year-on-year drop as customers deferred taking delivery of their orders and new contracts dwindled on the back of low