Nam Cheong sinks deeper into the red despite higher revenue

15 May 2017 - Business Times Breaking News
OFFSHORE support vessel builder and owner Nam Cheong sank further into the red in the first quarter as higher operating expenses and finance costs offset its higher revenue.The group recorded a net loss of RM47.5 million (S$13.4 million) for the three months ended March 31, against a net loss of RM40.1 ...
sgx:n4e

---

Nam Cheong: Posts Revenue Of RM17.9 Million For 1Q 2017.

15 May 2017 - ShareInvestor Express
Revenue and gross profit improvements in line with higher contributions from shipbuilding and vessel chartering segments. Vessel chartering segment jumps 145% to RM9.7 million on higher utilisation. Net loss of RM47.5 million mainly on foreign exchange loss and share of loss in jointly controlled entities ...
sgx:n4e

---

Singapore: Singtel arms get credit facility; Keong Hong deal; Nam Cheong rejig

24 Apr 2017 - DealStreetAsia
Singtel subsidiaries in SIngapore and Australia have secured credit facilities, Keong Hong has acquired a stake in Hansin Timber and Nam Cheong is considering restructuring. Singapore Telecommunications Limited (Singtel) today announced that its subsidiaries entered into agreements for total credit facilities ...
sgx:n4e sgx:z74 sgx:5tt

---

Singapore: Trendlines Labs secures $200k; JDE controls Super Group; Nam Cheong JV

28 Mar 2017 - DealStreetAsia
Trendlines Lab has secured a grant from SIIRD, JDE now owns most of Super Group and Nam Cheong has launched a Malaysian JV. The Trendlines Group’s business unit Trendlines Labs, In partnership with the Singapore General Hospital (SGH), has secured a $200,000 (S$279,560) grant for developing and conducting ...
sgx:n4e sgx:42t sgx:s10

---

Stocks to watch: Singapore O&G, Healthway, Nam Cheong

27 Mar 2017 - Business Times Breaking News
THE following stocks may be in focus on Monday: Singapore O&G, which offers obstetrics and gynaecology services, on Monday proposed a 2-for-1 share split to increase market liquidity, and broaden the base of shareholders.
sgx:5ng sgx:n4e sgx:41x

---

Nam Cheong 'confident' of restructuring existing debt

24 Mar 2017 - Business Times Breaking News
NAM Cheong is "confident" that it can restructure its existing obligations to remain a going concern, the builder of offshore support vessels said on Friday in response to queries from the Singapore Exchange.Nam Cheong, whose auditors this month noted a "material uncertainty" about the company's ability ...
sgx:n4e

---

Hot stock: Nam Cheong down 22% after auditor comments

20 Mar 2017 - Business Times Breaking News
OFFSHORE support vessel shipbuilder Nam Cheong plunged on Monday morning after auditors last Friday night highlighted a material uncertainty about the company being a going concern. As at 9.14am, the counter was down 22 per cent to S$0.038. It had traded as low as S$0.036.
sgx:n4e

---

Nam Cheong: Posts Revenue Of RM170.4 Million For FY2016.

28 Feb 2017 - ShareInvestor Express
Net loss of RM42.8 million mainly on lower shipbuilding revenue and assets impairment. Despite near-term industry challenges, long-term outlook for offshore and marine sector remains promising...
sgx:n4e

---

Nam Cheong Q4 losses narrow to RM5.6m

28 Feb 2017 - Business Times Breaking News
NAM Cheong posted a net loss of RM5.6 million (S$1.8 million) for the fourth quarter from a wider loss of RM21.5 million a year ago. The offshore marine firm's revenue for the three-month period halved to RM120.3 million from RM241.8 million with the chief culprit being a 52 per cent revenue drop in ...
sgx:n4e

---

Stocks to watch: Nam Cheong, Keppel, Aztech

23 Dec 2016 - Business Times Breaking News
SHARES of the following companies may be affected by recent events or announcements: Malaysian shipbuilder Nam Cheong said that its subsidiary Nam Cheong International has received a letter of demand from Petra Offshore, a unit of Perdana Petroleum, claiming the refund of a deposit of US$8.4 million ...
sgx:n4e sgx:560 sgx:bn4

---