Stocks to watch: SPH, ST Engineering, Far East H-Trust, Ezion, Thai Beverage

12 May 2017 - Business Times Breaking News
THE following companies made material announcements after the market closed on Thursday:Singapore Press Holdings (SPH): The group said on Friday it is selling its entire stake in 701Search Pte Ltd to Norway's leading telecommunications operator Telenor ASA for about US$109 million. Under a conditional ...
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Ezion sinks into the red for Q1

12 May 2017 - Business Times Breaking News
EZION Holdings on Friday reported that it has sunk into the red with a US$12.74 million net loss, compared to a net profit of US$15.49 million a year ago.Revenue slipped 16.4 per cent to US$68.59 million, compared to US$82.09 million a year ago due to weaker charter rates, a drop in the utilisation rate ...
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Ezion sinks into a $17.9m net loss in Q1

12 May 2017 - Singapore Business Review
The lower gross profit margin is partly to blame. Ezion Holdings reported a slump in revenues for the past quarter, down 16.4% to US$68.6m. The lower gross profit margin of 12.8%, as well as US$13.3m net foreign exchange loss resulted to a net loss of US$12.7m ($17.9m) for the group. OCBC Investment ...
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Stocks to watch: OCBC, F&N, Ezion, ASL Marine

9 May 2017 - Business Times Breaking News
THE following companies made material announcements after the market closed on Monday:OCBC Bank: It posted on Tuesday morning a 14 per cent rise in its first-quarter 2017 net profit to S$973 million, compared to S$856 million a year ago. It attributed the strong performance to the sustained growth in ...
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Ezion issues profit warning

8 May 2017 - Business Times Breaking News
OFFSHORE services group Ezion Holdings issued a profit guidance on Monday for its first quarter ended March 31 this year.It said in a Singapore Exchange filing that the depreciation of the greenback in the quarter led to a "material foreign exchange loss" on the group's unsecured financial liabilities ...
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Singapore: FundedHere expands into Malaysia; Ezion JV consolidation impact

29 Mar 2017 - DealStreetAsia
FundedHere is planning to expand regionally, while Ezion is expected to remain viable despite an increased debt load from recent acquisitions. Singapore-based FundedHere, a licensed equity and debt- based crowdfunding platform, is planning to expand its reach to mass affluent investors, in additoin to ...
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Singapore M&A: Ezion acquires stakes in JVs; Forum acquires 80% of Lighthouse

29 Mar 2017 - DealStreetAsia
Ezion has consolidated its market position with the acquisition of its JV stakes and Germany’s Forum Media Group has acquired an 80 per cent of Lighthouse Independent Media. Ezion Holdings has acquired its remaining 50 per cent equity stakes in existing joint venture (JV) companies Strategic Offshore ...
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Hot Stock: Ezion gains on plans to buy out JV partner, assets

28 Mar 2017 - Business Times Breaking News
SHARES of Ezion Holdings rose on Tuesday after the operator of service rigs for the oil and gas industry said it plans to take full control of existing joint ventures previously held with a unit of Swissco Holdings, and to acquire assets held within one such joint venture for more than US$60 million. ...
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Stocks to watch: Ezion, CapitaLand, RHT Health Trust, Ezra

28 Mar 2017 - Business Times Breaking News
The following stocks may be in focus on Tuesday: Ezion Holdings on Tuesday said it plans to take full control of existing joint ventures previously held with a unit of Swissco Holdings, and to acquire assets held within one such joint venture for more than US$60 million. Property developer CapitaLand ...
sgx:5me sgx:c31 sgx:rf1u sgx:5dn

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Ezion to buy assets held in JV with Swissco for more than US$60m

28 Mar 2017 - Business Times Breaking News
EZION Holdings on Tuesday said it plans to take full control of existing joint ventures previously held with a unit of Swissco Holdings, and to acquire assets held within one such joint venture for more than US$60 million.This comes as the joint venture firms have not been able to meet their obligations ...
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