Swissco

BY most accounts, Ezion Holdings, one of many in Singapore's crisis-beaten offshore and marine space, is closing in on the finish line of a prolonged hazardous trek and could soon come out the other s...

SINGAPORE'S High Court has granted an extension to the judicial management order for financially distressed offshore support vessel (OSV) group, Swissco Holdings.

With investors taking flight from cash-strapped sector, former Bumi Armada chief manages to muster enough investor interest to buy existing business in entirety.

THE Singapore High Court last Friday granted Swissco Holdings an extension of its judicial management order to Sept 18 next year, the company's judicial managers announced on Monday.

THE court-appointed judicial managers (JMs) of Swissco Holdings have secured an offer valued at US$28.5 million from a white knight investor for its offshore support vessel business.

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 secur...

MEASURES to broaden and deepen Singapore's corporate debt market are a welcome development. For companies, debt issuance provides an important and attractive alternative to bank financing.

OFFSHORE and marine group Ezion Holdings slipped into the red for the first quarter, with a US$12.74 million loss after income tax on lower revenue and the absence of one-time asset disposal gain.

It says it is "not confident" of meeting expectations of lenders and strategic investors, asks for trading suspension