impairments

About two years ago, Sembcorp Indus­tries unveiled a bold, new strategy to reduce its dependency on the oil services industry. Its key focus was to expand its utilities business (now known as the energy business), and thereby, transf

KUALA LUMPUR (Dec 11): Lembaga Tabung Haji failed to recognise a total of RM549 million ($180.4 million) in impairment losses of investments in several associate companies and subsidiaries as well as fair value losses in investment properties and impairm

SINGAPORE (Feb 3): Ezra Holdings says there may be a need to write down US$170 million ($240 million) worth of its investment in, shareholders’ loan to, and the inter-company balances owed by ECS Group.

SINGAPORE (Feb 2): Ezra Holdings has requested for a trading halt before trading hours on Wednesday, as Chiyoda Corporation and NYK Line issued warnings of one-off write downs against their  stakes in Emas Chiyoda Subsea, the subsea joint venture with Ez

SINGAPORE (Nov 8): OCBC Investment Research is maintaining its “hold” rating on PACC Offshore Services Holdings with a fair value of 30 cents, in anticipation of further impairments going forward.

SINGAPORE (Sept 21): IFS Capital says it expects a net loss for 3Q16 after reporting a profitable first half of the year.