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Hubei Jiuzhiyang Infrared System's Owner China Shipbuilding Industry Planning Strategic Restructuring With China State Shipbuilding Corp

Monday, 1 Jul 2019

July 1 (Reuters) - Hubei Jiuzhiyang Infrared System <300516.SZ>::SAYS ITS OWNER CHINA SHIPBUILDING INDUSTRY CO LTD IS PLANNING STRATEGIC RESTRUCTURING WITH CHINA STATE SHIPBUILDING CORPORATION LTD.

Sembcorp Marine Q3 Turnover S$1,167.2 Mln Vs S$728.8 Mln

Thursday, 25 Oct 2018

Oct 25 (Reuters) - Sembcorp Marine Ltd ::Q3 TURNOVER S$1,167.2 MILLION VERSUS S$728.8 MILLION.OVERALL BUSINESS VOLUME AND ACTIVITY FOR GROUP IS EXPECTED TO REMAIN RELATIVELY LOW FOR IMMEDIATE QUARTERS.QTRLY LOSS ATTRIBUTABLE S$29.8 MILLION VERSUS PROFIT S$100.7 MILLION.CAPEX SPEND ON GLOBAL EXPLORATION & PRODUCTION EXPECTED TO CONTINUE TO IMPROVE WITH FIRMER OIL PRICES SEEN IN NINE MONTHS OF 2018.TREND OF NEGATIVE OPERATING PROFIT IS EXPECTED TO CONTINUE FOR FORESEEABLE QUARTER.CHALLENGES IN OFFSHORE AND MARINE SECTOR PERSIST."OFFSHORE RIG ORDERS WILL TAKE SOME TIME TO RECOVER AS MARKET REMAINS OVER-SUPPLIED".COMPETITION IN REPAIRS AND UPGRADES SEGMENT REMAINS INTENSE.

Keppel Corporation Posts Qtrly Net Profit Of S$337 Mln

Thursday, 19 Apr 2018

April 19 (Reuters) - Keppel Corporation Ltd ::QTRLY NET PROFIT OF S$337 MILLION FOR FIRST THREE MONTHS OF 2018, 34% HIGHER THAN S$252 MILLION.Q1 REVENUE S$1.47 BILLION VERSUS S$1.25 BILLION A YEAR AGO.OFFSHORE & MARINE DIVISION'S NET ORDER BOOK, EXCLUDING SETE RIGS, STANDS AT S$4.3 BILLION AS AT QUARTER END.HOME SALES TRANSACTION VOLUMES IN CHINA HAVE FALLEN AND ARE EXPECTED TO REMAIN SUBDUED IN YEAR.

JES International Holdings Updates On Proposed Restructuring Of Shipbuilding Subsidiaries

Wednesday, 18 Apr 2018

April 18 (Reuters) - JES International Holdings Ltd ::UPDATES ON PROPOSED RESTRUCTURING OF SHIPBUILDING SUBSIDIARIES.MANAGERS HAVE HAD PROSPECTIVE INVESTORS, HOWEVER NO FIRM OFFER HAS BEEN RECEIVED YET.

China CSSC Expects China Authorities To Agree In Principle To Asset Restructuring Plan By Feb 25

Wednesday, 3 Jan 2018

Jan 3 (Reuters) - China CSSC Holdings Ltd <600150.SS>::SAYS IT EXPECTS STATE-OWNED ASSETS SUPERVISION AND ADMINISTRATION COMMISSION OF THE STATE COUNCIL TO AGREE IN PRINCIPLE TO ITS ASSET RESTRUCTURING BY FEB 25, SHARE TRADE REMAINS SUSPENDED.

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