asl marine

HOT STOCK

ASL Marine jumps 2.3% after share placement; Yangzijiang Shipbuilding falls 4.3% over port fees spat

The shipbuilders are subject to contrasting investor views on their fortunes

Temasek is now a substantial shareholder of iFast Corp through its deemed interest of 5.03% as at Oct 2. This follows its portfolio company Fullerton Fund Management's acquisition of 219,300 iFast shares for S$9.04 apiece.
INSIDE INSIGHTS

Placements continue, Sert buys back units

[SINGAPORE] Over the five trading sessions from Oct 3 to 9, institutions were net buyers of Singapore stocks, with net institutional inflow of S$250 million, adding to the S$275 million net institutio...

Singapore-listed shipbuilder ASL Marine will work with the authorities, floating storage and offloading vessel owner and subcontractor to assist the affected workers and their families.

Four dead, five injured in fire at ASL Marine unit’s Batam shipyard

All work on the affected vessel will be suspended until the cause of the fire is established

Corporate digest

Corporate digest

HOTEL operator Banyan Tree Holdings reported a "significant pick-up" in occupancies in the second half of this year as group-wide occupancies grew from 14 per cent in Q2 2020 to 27 per cent in Q3 2020...

ASL Marine posts loss of S$13 million for Q1 FY2021

ASL Marine posts loss of S$13 million for Q1 FY2021

ASL Marine Holdings' net loss for the three months ended Sept 30, 2020 widened to S$13 million from S$11.35 million a year ago.

Covid-19 case detected at ASL Shipyard

Covid-19 case detected at ASL Shipyard

A CONFIRMED imported case of Covid-19 who had travelled to Indonesia went to work at ASL Shipyard in Singapore between Nov 30 and Dec 2, although it has been determined that he had no close interactio...

ASL Marine unit wins jobs for floating fish farms

ASL Marine unit wins jobs for floating fish farms

OFFSHORE and marine group ASL Marine said on Tuesday that its wholly-owned unit has secured shipbuilding contracts from the Aquaculture Centre of Excellence (ACE) for the construction of two Eco-Ark f...

ASL Marine unit to build floating fish farms off Pulau Ubin

ASL Marine unit to build floating fish farms off Pulau Ubin

OFFSHORE and marine group ASL Marine said on Tuesday that its wholly-owned unit has secured shipbuilding contracts from the Aquaculture Centre of Excellence (ACE) for the construction of two Eco-Ark f...

ASL Marine's independent auditor flags 'going concern' doubts

ASL Marine's independent auditor flags 'going concern' doubts

The group incurred a net loss of about S$145.9m, with current liabilities exceeding current assets by S$20.8m for the year ended June 30

ASL Marine to sell loss-making Chinese shipyard unit for 35 million yuan

ASL Marine to sell loss-making Chinese shipyard unit for 35 million yuan

MAINBOARD-LISTED ASL Marine has said that it will dispose of an inactive, loss-making indirect subsidiary in China, which was once involved shipbuilding, to raise working capital.