Stocks to watch: EMAS Offshore, Natural Cool Holdings, ITE Electric

11 Jan 2017 - Business Times Breaking News
THE following companies made announcements before the market opened on Wednesday that could affect the trading of their shares: EMAS Offshore Limited, a subsidiary of Ezra Holdings and a dual-listed company in Singapore and Norway, on Wednesday posted a net loss of US$2.2 million for the quarter ended ...
sgx:uq4 sgx:581 sgx:5if

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EMAS Offshore posts US$2.2m net loss for Q1 2017

11 Jan 2017 - Business Times Breaking News
EMAS Offshore Limited, a subsidiary of Ezra Holdings and a dual-listed company in Singapore and Norway, on Wednesday posted a net loss of US$2.2 million for the quarter ended Nov 30, 2016 (Q1 2017), on continual weakness in the offshore oil and gas industry. This compares to a net loss of US$3.2 million ...
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Stocks to watch: Emas Offshore, Pacific Andes Resources Development, Second Chance Properties

29 Dec 2016 - Business Times Breaking News
SHARES of the following companies may be affected by recent events or announcements: Emas Offshore said late on Wednesday that it plans to announce its first quarter results on Jan 10.
sgx:uq4 sgx:528 sgx:p11

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Emas Offshore agrees to settle dispute with Perisai over US$43m put option

23 Dec 2016 - Business Times Breaking News
OILFIELD services provider Emas Offshore has settled a dispute with its Malaysian associate Perisai Petroleum Teknologi Berhad over a put option that Perisai has exercised to force Emas to cough up US$43 million to buy over Perisai's entire 51 per cent stake in the two companies' joint venture SJR Marine. ...
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Forland Shipping reaches temporary deal with Emas AMC on Congo project

20 Dec 2016 - Business Times Breaking News
FORLAND Shipping AS said it has reached a temporary agreement with Emas AMC for the deployment of offshore support vessel Lewek Inspector to complete an ongoing project off Congo. The project is expected to be completed in January 2017.
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EMAS Offshore: Update On Contracts Secured.

16 Dec 2016 - ShareInvestor Express
EMAS Offshore Limited has secured new contracts for charters amounting to approximately US$93 million including options if exercised. While US$61 million was awarded during the period from 1 September 2016 to 30 November 2016, the remaining US$32 million worth of contracts were awarded during Q4FY2016 ...
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Stocks to watch: Keppel Corp, Emas Offshore, Ezra

14 Dec 2016 - Business Times Breaking News
THE following companies have made announcements that may affect trading of their shares on Wednesday: Subsidiaries of Keppel Corporation's Keppel Land have engaged in a share swap arrangement with a Vietnamese real estate company that will end up with the two of them swapping full ownership of two units. ...
sgx:bn4 sgx:uq4 sgx:5dn

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Perisai disputes Emas' claim to cancel US$43m share sale deal

14 Dec 2016 - Business Times Breaking News
A MALAYSIAN associate of offshore contractor Emas Offshore is disputing the latter's claim to shake off a US$43 million repayment obligation from a deal made years ago, setting the stage for a potential legal battle. Singapore-listed Emas said in a filing to the Singapore Exchange on Tuesday night that ...
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Stocks to watch: F&N, Stamford Tyres, Emas

13 Dec 2016 - Business Times Breaking News
THE following companies had announcements that may affect trading on Tuesday: Fraser and Neave (F&N) has won its bid to acquire an additional 5.4 per cent of Vietnam Dairy Products Joint Stock Co, or Vinamilk, for S$709 million. F&N, a beverage company, will hold an enlarged stake of 16.35 per cent.
sgx:f99 sgx:uq4 sgx:s29

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Emas lenders agree to refinance debt

13 Dec 2016 - Business Times Breaking News
EMAS Offshore has reached agreement with all of its financial lenders to refinance its obligations over a five-year period from Dec 12, 2016, the oil and gas contractor announced on Tuesday before the market opened. The refinancing will be subject to terms that will be set within 60 days from Dec 12.
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