oil and gas

SINGAPORE (Sept 30): UOB Kay Hian on Friday maintained its “hold” call on Ezion Holdings, and raised its target price to 30 cents from 23 cents previously.

SINGAPORE (Sept 26): OCBC Investment Research is maintaining its “hold” call on Vard Holdings despite its efforts at diversification.

SINGAPORE (Sept 8): Oil and gas player Swiber’s spectacular financial meltdown appears unlikely to significantly affect local banks, with UOB Kay Hian maintaining its “overweight” on the sector.

SINGAPORE (Sept 5): IPCO International says it is expecting to report a net loss for 1QFY17.

SINGAPORE (Aug 25): OCBC Investment Research analyst Low Pei Han says banks that are currently financing the O&G companies will play a key role in ensuring their survivability.

SINGAPORE (Aug 24): International Energy Group (IEG), the oil and gas unit of New Silkroutes Group (NSG), says it is on track to generate revenue of more than US$225 million ($304.4 million) by end FY17.

SINGAPORE (July 29): Baker Tech sunk to a half-year loss compared to a profit of $6.4 million a year ago, dragged down by poor sales and a foreign exchange loss.   

SINGAPORE (July 29): Baker Technology’s earnings for the 2Q ended June surged nearly ninefold to $400,000 from $45,000 a year ago.   

SINGAPORE (July 28): Swiber Holdings says it has filed for an application on Wednesday to wind up the company, and that its directors have resigned.

SINGAPORE (July 8): Swiber Holdings has announced the incorporation of a wholly owned subsidiary, Swiber Assets. The newly formed subsidiary is an investment holding company with an initial issued capital of US$10,000.