HONG Leong Finance has served a winding-up petition on the yard operating arm of Ezra Holdings, Triyards.

HONG Leong Finance has served a winding-up petition on the yard operating arm of Ezra Holdings, Triyards.

DBS Bank has appointed a receiver for a key subsidiary of Singapore-listed Triyards Holdings after filing claims against the embattled yard operating arm of Ezra Holdings.

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"...