Ezion shares hit by warning of Q4, full-year loss
Associate Charisma Energy also down on expectation of Q4 loss; both cited impairments of assets
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SHARES in Ezion Holdings succumbed to selling pressure on Monday following its warning of a net loss for the final quarter and full year of 2016.
The stock of the offshore and marine group opened trading 3.5 Singapore cents lower at S$0.345 and after changing hands between S$0.335 (down 11.8 per cent) and S$0.355, closed the day 7.9 per cent lower at S$0.35.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
