Serious Another listed company bites the dust

[AsiaDK]

RICKMERS MARITIME request for trading suspension with immediate effect.

http://infopub.sgx.com/Apps?A=COW_C...a5a9360309af18d2ee4a80c7799bfeea9cdfb93bd0952

 

[AsiaDK]

Swissco sinks to huge S$418 million loss in Q3
http://www.straitstimes.com/business/companies-markets/swissco-sinks-to-huge-us296m-loss-in-q3

Last traded with market cap of S$31, yet can clock $418 million of quarterly loss, machiam all the ships sank without insurance overnight.
Auditors sleeping?

 

[Pinkieslut]

No worries. There is Skillsfuture for the PMETS whether local or FT. Halleluah!

 

[AsiaDK]

TEHO International - Marine Industry & Cambodian Property Development
Current Market Cap: S$11million

“In the best interests of the group’s ‘The Bay’ project, and having considered the market conditions in Phnom Penh and other factors, the group and its joint venture partner have decided to put on hold the residential development phase of the project.”

The decision contributed to a S$16.4 million impairment hit on its property division, which helped result in the group registering a full-year loss of S$23.8 million. TEHO’s business is also struggling against the backdrop of a sustained downturn occurring in the oil and gas industry, with the company’s marine, offshore oil and gas segment booking a S$2.3 million impairment charge.

http://www.phnompenhpost.com/post-property/property-doubts-resurface-following-bays-suspension

 

[Hans168]

No worries. There is Skillsfuture for the PMETS whether local or FT. Halleluah!

skillsfuture is only for f trashes as LT too stupid for that or izzit?

 

[AsiaDK]

FORMER nightlife entertainment behemoth Lifebrandz Ltd has requested for a trading halt for its shares.

On Oct 31, Lifebrandz's auditors flagged concern over the group's ability to continue as a going concern.

http://www.businesstimes.com.sg/com...andz-seeks-trading-halt-pending-announcements

 

[no_faith]

Marco Polo Marine expresses doubt on ability to continue as going concern as it seeks to restructure debt
http://www.straitstimes.com/busines...doubt-on-ability-to-continue-as-going-concern

Will they bite the dust too?

 

[AsiaDK]

ANZ serves winding-up application on Jason Holdings
http://www.businesstimes.com.sg/com...rves-winding-up-application-on-jason-holdings

 

[AsiaDK]

Nam Cheong sees revenue collapse
http://www.tradewindsnews.com/offshore/1190012/nam-cheong-sees-revenue-collapse

Revenue fell 86 per cent to RM25.8 million from RM189.3 million a year ago due mainly to lower shipbuilding revenue recognized. Revenue from the shipbuilding segment was 91 per cent lower than a year ago at RM16.6 million as a result of the slower progressive recognition of revenue from vessels sold.

 

[AsiaDK]

Swissco sinks to huge S$418 million loss in Q3
http://www.straitstimes.com/business/companies-markets/swissco-sinks-to-huge-us296m-loss-in-q3

Last traded with market cap of S$31m, yet can clock $418 million of quarterly loss, machiam all the ships sank without insurance overnight.
Auditors sleeping?

Swissco officially files for judicial management
http://www.todayonline.com/business/swissco-files-judicial-management

 

[AsiaDK]

Suspended Oriental Group served multiple Letters of Demand
http://infopub.sgx.com/FileOpen/Announcement.lod.final.ashx?App=Announcement&FileID=430286

 

[johnny333]

Don't worry lah LHL is watching the economic situation. Don't know if they'll do anything, but they are watching.

PM Lee Hsien Loong on economy: Government's watching it http://www.straitstimes.com/singapore/pm-on-economy-governments-watching-it

 

[AsiaDK]

Swissco sinks to huge S$418 million loss in Q3
http://www.straitstimes.com/business/companies-markets/swissco-sinks-to-huge-us296m-loss-in-q3

Last traded with market cap of S$31, yet can clock $418 million of quarterly loss, machiam all the ships sank without insurance overnight.
Auditors sleeping?

Swissco owed UOB $238 million: Filings
http://www.straitstimes.com/business/uob-is-swisscos-largest-creditor-with-238m-debt

 

[melzp]

Don't worry lah LHL is watching the economic situation. Don't know if they'll do anything, but they are watching.

PM Lee Hsien Loong on economy: Government's watching it http://www.straitstimes.com/singapore/pm-on-economy-governments-watching-it

Watch n read only. Why bother about corporate?
Yes, they pay taxes n provide employment.

Where is the President who bragged his savvy Financial background
during the PE ?
This should not happened if he can smell from afar.

 

[no_faith]

Don't worry lah LHL is watching the economic situation. Don't know if they'll do anything, but they are watching.

PM Lee Hsien Loong on economy: Government's watching it http://www.straitstimes.com/singapore/pm-on-economy-governments-watching-it

He say he watching. Im watching too.

 

[garlic]

Swissco owed UOB $238 million: Filings
http://www.straitstimes.com/business/uob-is-swisscos-largest-creditor-with-238m-debt

Hor lang kan!! UOB tua kee liao..

 

[bushtucker]

swiber, rickmers, swissco, who's next?

 

[AsiaDK]

swiber, rickmers, swissco, who's next?

It's a smaller property company that over-stretched and another Oil & Gas company starting with E.

 

[AsiaDK]

Pacific Radiance executive director being investigated for corruption http://www.channelnewsasia.com/news...eing-investigated-for-corruption/3345062.html

 

[Pinkieslut]

Pacific Radiance executive director being investigated for corruption http://www.channelnewsasia.com/news...eing-investigated-for-corruption/3345062.html

How about super chiobu Vivian Hsu's husband? Waiting for him to pok-kai and Vivian lelong her CB on the market.