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IN THE NEWS

SembMarine rides on proposed sale of Cosco Shipyard stake

SHARES in Sembcorp Marine (SembMarine) continued rising for a second day on Thursday, as analysts say that the proposed sale of its interest in Cosco Shipyard Group (CSG) will reduce the drag that the loss-making firm had been making on SembMarine's earnings. The counter closed 2 cent, or 1.5 per cent, higher at S$1.37 on Thursday, after gaining 1.9 per cent on Wednesday. In an announcement on Tu...


Doing it the Amos Way

AS A small local firm in a competitive industry, marine and offshore firm Amos International relies on productivity to maintain its edge. The firm has consistently paid attention to productivity processes and has even developed its own philosophy of getting the most out of its operations called the Amos Way, said its managing director, Danny Lien. The Amos Way consists of providing staff with cle...


KrisEnergy launches capital restructuring exercise; Keppel in talks to support plan

KEPPEL Corp is in talks to support KrisEnergy in its proposed preferential offering which would give the financially-strapped upstream oil and gas firm a lifeline as it announces a fourth straight quarter of losses. Shares in both companies rose on Thursday, with KrisEnergy's stock gaining 1.4 per cent to close at S$0.147, while Keppel's stock increased 0.4 per cent to S$5.27. KrisEnergy is plann...


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