HIGH Court hearings for the winding-up applications against two Ezion Holdings subsidiaries have been adjourned to July 3, the troubled liftboat operator’s board said on Tuesday.

BT EXCLUSIVE

TROUBLED Ezion Holdings may be beaten down but unlike many offshore and marine (O&M) peers, it is not quite out for the count.

TROUBLED liftboat operator Ezion has inked a memorandum of agreement to sell its Teras Genesis vessel to Singapore-based Astro Offshore for US$2.25 million in cash. 

MAINBOARD-LISTED offshore and marine service provider Ezion Holdings plans to fight a multimillion-dollar claim against its subsidiary, the board announced late on Friday night.

AN event of default on a loan granted to PACC Offshore Services Holdings' (Posh) joint venture has triggered a cross default under a second loan facility by another lender to the joint venture....

AN event of default on a loan granted to PACC Offshore Services Holdings' (Posh) joint venture has triggered a cross-default under a second loan facility by another lender to the joint venture....

THE default on US$27.6 million worth of debt, as well as any cross defaults, by a PACC Offshore Services Holdings (POSH) joint venture (JV) has no material impact on offshore and marine group...

THE default of a PACC Offshore Services Holdings (POSH) joint venture (JV) on US$27.6 million worth of debt has no material impact on offshore and marine group Ezion Holdings, the latter confirmed...

DEBT-STRICKEN offshore and marine group Ezion Holdings will likely post losses in the second quarter and half-year to June 30, the board warned on Thursday.

SUSPENDED Ezion Holdings has reorganised its senior management team to strengthen the overall management structure, as the ailing mainboard-listed offshore and marine group struggles to stay...