Ezion Holdings

Investors in Singapore may recall Yinson as the potential saviour for the now-delisted liftboat operator Ezion Holdings.

According to Ezion, the disposals are in line with its restructuring plan previously announced on June 20.

Will the wind blow opportunities for the offshore and marine companies, which have long suffered from the prolonged oil downturn?

The gain generated is estimated to be at US$1.4 million.

The cash consideration will be utilised to repay the secured bank loans, says Ezion.

The contract will last for one year and is expected to commence on Sept 2024.

Why Bursa Malaysia-listed Yinson is playing white knight to Ezion, the provider of liftboats and support vessels which is sinking from debt

SINGAPORE (Dec 9): Assessing risk is an everyday occurrence. When approaching a traffic light while driving, should we accelerate as it turns amber or wait for the next green light? Drivers assess risk every day. As investors or traders, should we buy DBS

(Apr 2): Malaysia-listed oil-services firm Yinson Holdings Bhd has come to the rescue of Ezion Holdings.

(Apr 1): If it walks like a duck, quacks like a duck, looks like a duck, swims like a duck, then it probably is a duck. Why are companies so intent on classifying perpetual securities (perps) as equity, instead of what they really are: financial liabiliti