Ezion

Ezion Holdings to apply to delist from SGX

THE liquidators of Ezion Holdings are planning to apply for the company to be delisted from the Singapore Exchange (SGX).

Ezion Holdings to go into liquidation

Ezion Holdings to go into liquidation

BELEAGUERED liftboat operator Ezion Holdings is going into liquidation, the company announced late on Friday (Feb 18).

Ezion enters into contract for charter, disposal of vessel

Ezion enters into contract for charter, disposal of vessel

A unit of troubled liftboat operator Ezion Holdings has entered into a 24-month bareboat charter, with an obligation to purchase (BBC), to dispose of a vessel to buyer April Pearl.

Ezion Holdings files winding up application

Ezion Holdings files winding up application

BELEAGUERED liftboat operator Ezion Holdings has filed a winding up application for the company to be placed into liquidation.

Ezion to wind up as protracted attempt to restructure, recapitalise fails

Ezion to wind up as protracted attempt to restructure, recapitalise fails

TROUBLED liftboat operator Ezion Holdings will be proceeding to wind up as it could not find a potential investor with a proposal that can secure enough support from its major creditors, it said in a ...

Ezion to sell subsidiary and tug vessels for US$83.7m

Ezion to sell subsidiary and tug vessels for US$83.7m

EZION Holdings is divesting two towing tugs along with its entire stake in its wholly-owned subsidiary Teras Sunrise for a total of US$83.7 million to ZhongXie Industrial, a marine logistic services p...

Corporate digest

Corporate digest

NEWS site AsiaOne Online, a joint venture between mm2 Asia and SPH Invest, has named Sean Ler as chief executive officer (CEO).

Ezion to sell liftboat for US$13m; gain on disposal is US$650k

Ezion to sell liftboat for US$13m; gain on disposal is US$650k

EZION Holdings on Friday said it will sell the Teras Conquest 7 liftboat for a cash consideration of US$13 million.

Corporate digest

Corporate digest

THE High Court will hear winding-up applications against two of mainboard-listed offshore and marine service provider Ezion Holdings' units on Jan 28, the board said on Monday.

Ezion's Q3 losses widen to US$224.5 million

Ezion's Q3 losses widen to US$224.5 million

EZION Holdings posted a net loss of US$224.5 million for the third quarter ended Sept 30, widening from a net loss of US$71 million a year ago.