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.

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).

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.

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.

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.

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.

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.

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

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.

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.
×