TRIYARDS Holdings, the yard-operating unit of offshore marine firm Ezra Holdings, has swung deep into the red following the termination of two shipbuilding contracts worth some US$51 million.

TRIYARDS Holdings, which flagged concerns over its going-concern status in September, said that it has received demand letters from two of its lenders for a total amount of US$9.1 million.

THE woes of the marine, shipping and oil & gas (O&G) industries continue to take their toll on industry players, with Triyards Holdings being the latest to fire yet another warning beacon...

TRIYARDS Holdings on Wednesday afternoon asked for the trading halt on its shares to be converted to a trading suspension, following the group's announcement that it might have a going concern...

EXPECT sharp increase in profit after tax and minority interests (Patmi) as net income margin (NIM) improves on rising rates and provisioning normalises. Initiate with "accumulate" rating...