Marco Polo Marine

SINGAPORE (Nov 9): Troubled offshore services provider Marco Polo Marine has signed conditional investment agreements to raise $60 million from nine investors as part of a restructuring exercise.

SINGAPORE (April 19): Marco Polo Marine has issued a profit warning ahead of its second quarter results, according to a report by Lim & Tan Securities.

SINGAPORE (Feb 17): Local offshore services provider Ezra Holdings is struggling to stay afloat as it faces mounting debt, defaults and a winding-up petition.

SINGAPORE (Nov 7): Stefanie Yuen Thio believes Singapore needs to “grow up” as a market, especially when it comes to dealing with junk bonds.

SINGAPORE (Oct 19): CIMB is keeping its “underweight” rating on Singapore banks amid worries over further worsening in asset quality, ahead of the local banks’ 3Q earnings announcements.

SINGAPORE (Oct 19): Customers have dwindled by the week at Indian Masala Hut, a curry stall in Singapore’s shipyard heartland. Manager K. Muralidoss blames the slump in oil rig-building that led to the elimination of thousands of jobs, many held by work

SINGAPORE (Oct 17): Here are some factors and stocks that could move the market this Monday morning:

SINGAPORE (Oct 14): Marco Polo Marine, the embattled oil and gas services provider, announced that it has secured approval from the majority of noteholders to restructure its $50 million 5.75% fixed rates notes.

SINGAPORE (Oct 11): Singapore banks are well positioned to withstand losses from Asia’s oil and gas defaults, says Fitch Ratings.

SINGAPORE (Oct 4): Singapore's junk-bond market is suffering its worst rout in at least four years as debt restructurings spread among shipping and oil-and-gas service companies.