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The Securities Investors Association or SIAS has determined that the allegations raised by the latest Iceberg blog report should be of no concern to shareholders. SIAS said it came to the conclusion after studying media and analysts’ coverage following Iceberg’s fourth report and meeting with Noble’s senior management on Tuesday. SIAS also noted that the Iceberg report had no discernible impact on Noble’s share price and also that the day after the report and Noble’s announcement of its FY2015 results, Noble’s share price rose 6%, demonstrating return in investor confidence.
China Fishery Group’s credit rating was downgraded by Fitch Ratings to Restricted Default after the Hong Kong-based company failed to pay a semi-annual coupon within a grace period. The seafood supplier didn’t pay the coupon on US$300 million ($420.8 million) of its July 2019 securities when the 30-day grace period expired on Feb 29, Fitch said in a statement. The rating assessor kept its score on the notes themselves at C with a recovery rating of RR4. The RR4 grade implies that, given an event of default, bondholders may get only 31% to 50% of their principal and interest.
Property developer Top Global's 4Q earnings slipped 42% y-o-y to $1.03 million, hit by higher administrative expenses and other losses. Revenue jumped 145% to $69.3 million
Otto Marine unit, GO Offshore, has been awarded an offshore support vessel (OSV) chartering contract worth up to A$94.8 million ($95.2 million). The group says the client is a renowned international oil and gas exploration and production (E&P) company. The vessel under the charter will be a 100-tonne Bollard Pull OSV for FPSO infield support in the gas field of 40-year life in Australia.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
The Securities Investors Association or SIAS has determined that the allegations raised by the latest Iceberg blog report should be of no concern to shareholders. SIAS said it came to the conclusion after studying media and analysts’ coverage following Iceberg’s fourth report and meeting with Noble’s senior management on Tuesday. SIAS also noted that the Iceberg report had no discernible impact on Noble’s share price and also that the day after the report and Noble’s announcement of its FY2015 results, Noble’s share price rose 6%, demonstrating return in investor confidence.
China Fishery Group’s credit rating was downgraded by Fitch Ratings to Restricted Default after the Hong Kong-based company failed to pay a semi-annual coupon within a grace period. The seafood supplier didn’t pay the coupon on US$300 million ($420.8 million) of its July 2019 securities when the 30-day grace period expired on Feb 29, Fitch said in a statement. The rating assessor kept its score on the notes themselves at C with a recovery rating of RR4. The RR4 grade implies that, given an event of default, bondholders may get only 31% to 50% of their principal and interest.
Property developer Top Global's 4Q earnings slipped 42% y-o-y to $1.03 million, hit by higher administrative expenses and other losses. Revenue jumped 145% to $69.3 million
Otto Marine unit, GO Offshore, has been awarded an offshore support vessel (OSV) chartering contract worth up to A$94.8 million ($95.2 million). The group says the client is a renowned international oil and gas exploration and production (E&P) company. The vessel under the charter will be a 100-tonne Bollard Pull OSV for FPSO infield support in the gas field of 40-year life in Australia.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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