Edition:
United Kingdom

Chiyoda Corp (6366.T)

6366.T on Tokyo Stock Exchange

339JPY
15 Nov 2018
Change (% chg)

¥15 (+4.63%)
Prev Close
¥324
Open
¥323
Day's High
¥343
Day's Low
¥323
Volume
10,191,700
Avg. Vol
4,652,433
52-wk High
¥1,150
52-wk Low
¥316

Latest Key Developments (Source: Significant Developments)

Ezra Holdings responds to article "Japanese duo warn of impairments on stakes in Emas Chiyoda Subsea"
Friday, 3 Feb 2017 

Ezra Holdings Ltd : Refers to article titled "Japanese duo warn of impairments on stakes in Emas Chiyoda Subsea" published in Business Times . Co's investment in, shareholders loan to and inter-company balances owed by ECS Group amounts to US$170 million . Clarifies that co is assessing impact of writedown and anticipated downgrade of investments in ECS and subsidiaries . "Board wishes to clarify that company has no dispute with Bibby Offshore" . "Bibby Offshore's claims are against ECS, which company does not control" . Refers to article "Ezra in choppy waters as trade claims pile up" published in Straits Time on 2 February . Will continue to work with advisors to review all options to restructure businesses, operations and balance sheet . Article in Straits Times states subsea services provider Bibby Offshore had filed for arbitration against Emas Chiyoda Subsea, claiming it is owed a US$14.7 million . Also assessing impact of loans extended to ECS Group by its joint venture partners, Chiyoda Corp and Nippon Yusen Kabushiki Kaisha . Had recorded a net current liability position of US$887.2 million for financial year ended 31 August 2016 . Emas-Amc had defaulted on payment of charter hire for october 2016, due for payment on 30 November 2016.  Full Article

UPDATE 2-Nigeria senate to probe state oil firm over Nigeria LNG revenues

* Probe could delay decision on LNG expansion plan (Adds NLNG expansion plans)