AILING offshore and marine group Ezion Holdings' troubles might not be over, with its potential white knight Malaysia-listed Yinson Holdings now entitled to pull the plug on its proposed lifeline any time.

TROUBLED offshore and marine group Ezion Holdings on Monday said its potential white knight Malaysia-listed Yinson Holdings has not entered into the debt assignment agreements with its lenders by the April 14 deadline.

BY most accounts, Ezion Holdings, one of many in Singapore's crisis-beaten offshore and marine space, is closing in on the finish line of a prolonged hazardous trek and could soon come out the other side weary but not defeated - and better still, bulkier.

(Apr 2): Malaysia-listed oil-services firm Yinson Holdings Bhd has come to the rescue of Ezion Holdings. The loss-making Singapore liftboats operator will be acquired by a unit of Yinson after it struck a deal with Ezion's lenders. See: Over 99% of Ezion shareholders vote in support of debt refinan...

(Apr 2): Malaysia-listed oil-services firm Yinson Holdings Bhd has come to the rescue of Ezion Holdings. The loss-making Singapore liftboats operator will be acquired by a unit of Yinson after it struck a deal with Ezion's lenders. On Monday, Yinson Eden Pte Ltd (YEPL) entered into the conditional ...

AFTER an over year-long hunt for a white knight, Singapore's ailing offshore and marine firm Ezion Holdings has found a saviour in Malaysian-listed Yinson Holdings, the world's sixth largest floating, production, storage and offloading (FPSO) operator which will emerge as the firm&...

(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 liabilities or debts? Looking at a simplified balance...

(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 liabilities or debts? Looking at a simplified balance...

SINGAPORE (Mar 11): DBS Vickers Securities is reiterating its “hold” call on Ezion Holdings with a target price of 5 cents, which is based on 10 times FY20 fully-diluted earnings after lowering FY20 earnings forecasts by 45%. The lower estimates come on the back of slower-than-expected ramp-up ...

EZION Holdings' chairman and chief executive have asked shareholders to pray for them, after the board suspended trading on Friday.