Viking Offshore

CATALIST-LISTED Viking Offshore and Marine is proposing to change its name amid plans to diversify its business into supply chain management and lifestyle retail.

CATALIST-LISTED Viking Offshore and Marine has announced the launch of its private placement to raise gross proceeds of S$880,000 from entrepreneur Xiang Xiping.

CATALIST-LISTED Viking Offshore & Marine has named Xandar Capital as the independent financial adviser in an ongoing offer exercise for the company's shares.

VIKING Offshore and Marine warrant holders are being offered S$0.01 for each warrant that carries the right to subscribe for one new share at S$0.50 apiece.

VIKING Offshore and Marine has received an unconditional cash offer from a group of businessmen at S$0.01 a share, for all of its issued and paid-up ordinary shares.

SHARES in Viking Offshore & Marine (VOM) will resume trading at 9 am on Aug 23, as the company has received approval-in principle (AIP) to do so from the Singapore Exchange (SGX).

VIKING Offshore and Marine has entered into a conditional placement agreement with two parties to facilitate its court-supervised debt restructuring.