OFFSHORE support vessel (OSV)-focused Nam Cheong turned profitable in the third quarter on a one-time gain from debt waiver and improved gross profit margins.

MALAYSIAN lender AmBank has agreed to withdraw a legal action against a Nam Cheong subsidiary, said the board of the offshore and marine player on Wednesday.

SHIPBUILDER Nam Cheong has completed its debt revamp through implementation of Nam Cheong's and its subsidiaries' schemes of arrangement. This included a conversion of 35 per cent of its...

SHIPBUILDER Nam Cheong has completed its debt revamp through the implementation of the schemes of arrangement of Nam Cheong and its subsidiaries, it said on Friday.

THE following companies saw new developments which may affect trading of their shares on Thursday:

THE management of SPH's real estate investment trust, SPH Reit, on Wednesday said that it has appointed Hoo Sheau Farn as an independent non-executive director to its board. The appointment took...

OFFSHORE support firm Nam Cheong has raised S$22 million from its proposed one-for-one renounceable rights issue, it said on Wednesday, with the total valid acceptances for the rights issue at 75.04...

NAM Cheong is emerging from a debt revamp with negative equity on its books, but its management is confident that with continuing shareholders' support, the company's book value stands to...

SHIPBUILDER Nam Cheong announced on Monday that under the scheme of arrangement between the company and its creditors, it is launching a non-underwritten, one-for-one renounceable rights issue at a...

SHIPBUILDER Nam Cheong announced on Monday that under the scheme of arrangement between the company and its creditors, it is launching a non-underwritten, one-for-one renounceable rights issue at a...