EMAS Offshore

SINGAPORE (Jan 11): EMAS Offshore has reported a net loss of US$2.2 million ($3.2 million) for 1Q17, 31% smaller than the net loss of US$3.2 million 1QFY16.

SINGAPORE (Oct 31): EMAS Offshore swung into a net loss of US$265.3 million ($369.3 million for FY16 ended August compared to earnings of US$199.5 million a year ago.

SINGAPORE (Oct 25): Ezra Holdings is seeking support from holders of its $150 million notes due April 2018 to waive any breach by the group as a result of non-compliance with the financial covenants from now to the maturity of the note.

KUALA LUMPUR (Oct 19): Ezra Holdings said it may need to reassess its investment in Bursa Malaysia-listed Perisai Petroleum Teknologi as it seeks waivers from bondholders on some of its debt covenants amid “strong headwinds” from low oil prices, weak

SINGAPORE (Oct 4): The Straits Times Index ended Tuesday higher, moving in line with other Asian markets led by Tokyo, with gains felt broadly across large caps and sectors.

SINGAPORE (Oct 4): Shares in EMAS Offshore fell 1.3% to 7.6 cents on Tuesday after its Malaysia-listed associate said it is seeking funds to pay its bondholders.

SINGAPORE (July 15): EMAS Offshore, the subsidiary of Ezra that provides offshore oil and gas services, swung into 3Q losses of US$23.2 million ($31.2 million) from net profit of $5.2 million a year ago.