HYFLUX CRISIS

INVESTORS who bought Hyflux's perpetual securities are reeling from the company's suspension of trading in the securities, as the firm said it will not pay the coupon interest on the notes...

EZRA Holdings' debt restructuring plan projects that unsecured creditors can recover only up to 2 per cent of claims ranging from US$1.67 billion to US$2.32 billion from divestment of assets...

THE High Court on Tuesday approved an application by Ezra Holdings for a cross-border protocol between the Singapore court and the US Bankruptcy Court in relation to the firm's bankruptcy...

DISTRESSED offshore and marine (O&M) group Ezra Holdings has entered into a binding proposal with Asia Fund Space (HK) Ltd (AFS) that will see existing assets spun off under a separate trust and...

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

EMAS Offshore (EOL) saw its second-quarter loss after tax narrow by 89 per cent to US$15.98 million on a 24 per cent increase in revenue for the same period.

AILING offshore firm Swiber Holdings announced on Fridaythat the Singapore High Court has fixed a full day hearing on Oct 13 for the judicial managers' applications for directions on third-party...

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...

HOCK LOCK SIEW

WE all recognise that "good guy" in the boxing arena, enduring back-to-back jabs whom underdog-fans faithfully root for even as he staggers to the ground after a powerful upper cut from his...