pacific radiance
Gallant Venture, Pacific Radiance record 3 straight years of losses
GALLANT Venture and Pacific Radiance have given notice that they recorded 3 consecutive years of pre-tax losses based on their audited full-year consolidated accounts.
High Court grants extension of moratoria for Pacific Radiance
THE High Court has granted an extension of moratoria for offshore marine services firm Pacific Radiance and its units, Pacific Crest and CSI Offshore.
Pacific Radiance tops sells at S$16.9m
GLOBAL mutual funds were net buyers of Singapore stocks in the three months to Jan 21. Funds bought S$986.2 million worth of shares based on the top five stocks, compared to S$713.5 million worth of n...
Corporate digest
OFFSHORE marine services firm Pacific Radiance and its two units have applied to Singapore's High Court to extend a debt moratorium expiring on Oct 17.
Suspended stocks on SGX hit highest level in three years
Forty-one companies have now been suspended for 12 months or more, including O&G businesses, S-Chips and those with legal woes
Corporate digest
CATALIST-listed builder Sysma Holdings has won an S$18.6 million contract to build a two-storey Good Class Bungalow at 28, Jalan Kampong Chantek, off Dunearn Road.
Pacific Radiance gets noteholders' support for debt revamp
Following this, the firm said it would be seeking debt forgiveness and debt-to-equity swap of US$211m in bank loans
Noteholders back Pacific Radiance's debt revamp
OFFSHORE support vessel-focused Pacific Radiance on Friday won a majority vote from holders of S$100 million notes due in 2018 for in support of its proposed restructuring plan.
Pacific Radiance sets Aug 24 date for vote to restructure S$100m of 4.3% notes due Aug 29
HOLDERS of Pacific Radiance's S$100 million of 4.3 per cent notes due Aug 29 will meet on Aug 24 to vote on the offshore and marine contractor's proposed restructuring of their bonds.
