FINANCIALLY distressed yard operator Triyards has received fresh cash injections in excess of US$4 million as it faces new claims from DBS Bank and other lenders.

FINANCIALLY distressed yard operator Triyards has received fresh cash injections in excess of US$4 million as it faced new claims from DBS Bank and other lenders.

HOCK LOCK SIEW

EMAS Offshore (EOL) and Triyards are both subsidiaries of erstwhile stock market darling Ezra Holdings. Although of the same pedigree, one will be hoping not to share the same fate as the other.

TRIYARDS, the listed yard operating arm of insolvent offshore and marine group Ezra Holdings, has received the balance US$3.8 million of a promised US$5 million lifeline from Ferrell Vanguard Fund...

TROUBLED Triyards Holdings' subsidiary in Vietnam is facing difficulty paying its suppliers even after delivering its shipbuilding projects - a signal of the mounting liquidity crunch that has...

EMBATTLED Triyards acknowledged on Monday it had to delay salary payments in Vietnam after facing difficulty drawing on project financing lines.

TRIYARDS Holdings on Friday announced that its chief financial officer, Yan Naing Aung, 47, has resigned "to pursue other career opportunities"...

CASH-STRAPPED Triyards, on announcing the termination of a shipbuilding order, said that it is seeking two more months to file its first-quarter financial results.

TRIYARDS Holdings said after Wednesday trading hours, it has yet to receive the balance US$3.8 million of a short-term loan from a Cayman Island-based and registered fund vehicle managed by Singapore...

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...