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AusGroup
Results
AusGroup swings back to profitability in FY17 on absence of one-off impairments
SINGAPORE (Aug 25): AusGroup, the provider of integrated service solutions to the energy, industrial and mining sectors, posts earnings of A$4.6 million ($4.9 million) for the full year ended June, from a net loss of A$258.9 million a year ago.
August 25, 2017
AusGroup says AMJV awarded extension of works on Ichthys Project Onshore LNG Facilities worth $178 mil
SINGAPORE (Aug 23): AusGroup today announced that AMJV has been awarded an extension of works on the INPEX-operated Ichthys LNG Project by JKC Australia LNG worth A$165 million ($177.9 million).
August 23, 2017
AusGroup appoints Shane Kimpton as new CEO
SINGAPORE (July 10): AusGroup has announced the appointment of Shane Kimpton as Executive Director and Chief Executive Officer with effect from Monday.
July 10, 2017
AusGroup subsidiary wins contract for INPEX-operated Ichthys project
SINGAPORE (July 4): AusGroup announced that its subsidiary, MAS Australasia has won a contract from Clough Projects International for the supply of rope access trade services on the Inpex-operated Ichthys LNG project.
July 04, 2017
Ezion to subscribe to 141 mil new AusGroup shares at 5.8 cents each under loan capitalisation plan
SINGAPORE (June 12): Ezion Holdings has entered into a share subscription agreement with subsidiary AusGroup as part of its plan to capitalise loans of up to A$39.3 million ($40.6 million) for the latter.
June 12, 2017
Ezion could gain from AusGroup debt restructuring as demand rises
SINGAPORE (June 1): AusGroup’s major shareholder Ezion Holdings has agreed to forgive its debts, which will enable it to focus on capturing returning demand for maintenance and support services from the mining and energy sectors, if approved.
June 02, 2017
Analysts see light at the end of the tunnel amid Ezion’s AusGroup loan capitalisation
SINGAPORE (June 1): Offshore vessel operator Ezion Holdings has agreed to capitalise a A$39.3 million ($40.6 million) loan to its 17.8% subsidiary AusGroup Holdings in exchange for new shares in the company.
June 02, 2017
Results
AusGroup swings back to profitability with $3.4 mil of 3Q earnings on lower costs
SINGAPORE (May 12): AusGroup, the integrated solutions provider to the energy, industrial and mining sectors across Australia and Southeast Asia, posted earnings of A$3.3 million ($3.4 million) for the third quarter ended March 31 – reversing from its l
May 12, 2017
EMAS Offshore faces uncertainty as ongoing concern on Ezra's US Chapter 11 filing
SINGAPORE (March 21): EMAS Offshore says it will be negatively impacted by the United States’ Chapter 11 filing by the company’s ultimate holding company Ezra Holdings to facilitate the restructuring of the group.
March 21, 2017
AusGroup swings back into profitability with 2Q earnings of $1.2 million
SINGAPORE (Feb 14): AusGroup, the Australian oilfield services provider, swung back into the black this quarter with earnings of A$1.1 million ($1.2 million), a reversal from the A$69.8 million loss it reported in the same quarter a year ago.
February 14, 2017