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Ezion

been wanting to get onto the Ezion train. is now a good time given the drop in share price? I know they've issued new shares but not sure what the impact of this may be. thanks!

beware....dun sell your bouns share now as its not credited into your cdp account. i believe they will send letter to inform.....it will not be reflected.....

ah.wei ( Date: 08-Nov-2013 09:19) Posted:

As long as u buy before xd u will get it. . So u will get 200 shares for every lot u hold

PandaWarrior ( Date: 08-Nov-2013 08:24) Posted:

If anyone can help to explain.

I've got one lot of Ezion. What does it mean for every 5, you get one? Does it mean I will get 200 shares on the 11th of Nov?

Which is to say, I see 1000shares x 1.2, $sgd2.01 x 1.2 also..

Please advise!

Thank you

As long as u buy before xd u will get it. . So u will get 200 shares for every lot u hold

PandaWarrior ( Date: 08-Nov-2013 08:24) Posted:

If anyone can help to explain.

I've got one lot of Ezion. What does it mean for every 5, you get one? Does it mean I will get 200 shares on the 11th of Nov?

Which is to say, I see 1000shares x 1.2, $sgd2.01 x 1.2 also..

Please advise!

Thank you

XR mutiny today. 14% down as compared to 20% dilution. Would have expected to do better than this.

Rock solid holding on in spite of dilution CR which means 20% gain in value. Do not compare this counter to Ezra.

EZION HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No 199904364E) PROPOSED BONUS ISSUE ON THE BASIS OF ONE BONUS SHARE FOR EVERY FIVE EXISTING ORDINARY SHARES ? NOTICE OF BOOKS CLOSURE DATE 1. INTRODUCTION The Board of Directors (the ?Directors?) of Ezion Holdings Limited (the ?Company? and together with its subsidiaries, the ?Group?)refers to the earlier announcement dated 7 August 2013 and 30 October 2013 (the ?Earlier Announcements?) in relation to the proposed bonus issue of new ordinary shares in the capital of the Company on the basis of one (1) new ordinary share (?Bonus Share?) for every five (5) existing ordinary shares held by shareholders of the Company (the ?Proposed Bonus Issue?) as at a book closure date (the ?Book Closure Date?) to be determined by the Directors for the purpose of determining the entitlements of shareholders. Unless otherwise defined, all capitalized terms used in this announcement shall bear the same meanings and construction as ascribed to them in the Earlier Announcements. 2. NOTICE OF BOOKS CLOSURE DATE NOTICE IS HEREBY GIVEN that the Share Transfer Books and the Register of Members will be closed at 5.00 p.m. on 11 November 2013 (?Books Closure Date?) to determine Shareholders? entitlements to Bonus Shares under the Proposed Bonus Issue. Duly completed transfers received by the Company?s Share Registrar, M&C Services Private Limited, 112 Robinson Road #05-01, Singapore 008902 up to 5.00 p.m. on 11 November 2013 will be registered to determine Shareholders? entitlements to Bonus Shares under the Bonus Issue. Shareholders whose securities accounts with The Central Depository (Pte) Limited are credited with Shares as at 5.00 p.m. on 11 November 2013 will be entitled to Bonus Shares under the Proposed Bonus Issue. BY ORDER OF THE BOARD Lim Ka Bee Company Secretary 31 October 2013

ocean sky VS. yhm as EZION's arms. Which one is worth buying at current price .27 vs .054, which one is of better prospect?

I have not monitored ocean sky but at current price seems to be expensive. Will it go down near .108 with current bearish market sentiment?

SM, pls check email.

Ezion / Ocean Sky: CIMB maintains its high conviction O/p call on Ezion with $2.68 TP. Note that the restructuring of Ezion?s marine supply base business via a special purpose vehicle will enable the company to focus its resources on expansion of its service rig business while allowing it to continue reaping benefits from other business opportunities. Add that the restructuring, should also see the next shift in Ezion?s focus ? from a service rig owner (provision of vessel only) to an operator (provision of both crew and vessel). Secondly, OSI will be able to develop the marine base using its own balance sheet, without stretching Ezion?s balance sheet or human resources. On completion of the acquisition, OSI will be a well-capitalised company with a starting equity base of $108m and will be primed to start work immediately. Last, the dilution for Ezion?s existing shareholders is minimal at 2%. Overall, house keeps FY13-15 EPS forecasts as there is marginal impact from the restructuring. Also intact are Outperform rating and target price, which remains based on a blend of P/E (7.7x CY14) and P/BV (2.3x CY13) valuations. Ezion is house top pick among small-to mid-cap O& M stocks.

Ezion_Media_Release_OS_300913.pdf

http://infopub.sgx.com/FileOpen/Ezion_Media_Release_OS_300913.ashx?App=Announcement& FileID=257948

Appointment of Mr Lee Kon Meng (Peter) as Chief Operating Officer of Ezion Holdings Limited
? Captain Larry Glenn Johnson will remain as Executive Director of Ezion Holdings Limited while taking up position as the new Chief Executive Officer cum Executive Director of Ocean Sky International Limited

Ezion to buy 45.15% of enlarged Ocean Sky, inject marine ops

EZION Holdings said on Monday that it is planning to buy 45.15 per cent of the enlarged share capital of Ocean Sky International.

Ezion has proposed to subscribe for 440 million new Ocean Sky shares at S$0.108 each to be satisfied by the issue of 20.21 million new Ezion shares to Ocean Sky.

In addition, Ezion is also proposing to buy 165 million share options. Each option carrys the right to subscribe for one new Ocean Sky share at the exercise price of S$0.108 each.

Ezion plans to inject its marine supply base business into Ocean Sky.

The potential of OS cannot be under estimated.

Huat arh!

Ezion taking a major stake in Ocean Sky......huat huat....arhh.

A possibility of share swop with Ocean Sky and or with any others potential company. (M& A???) that said.

How much will those BBs taking a stake in YHM or in Ezion?.

How will they value YHM?. Given 16 cents is to be taken into account.

Date: 27-Sep-2013 17:24)

ATS is their remaining business investment left.This is quite a possible option. However judging from the numbers of days halted for the 3 counters, the issue looks complex. Would be possible a M& A in the making. (Posted in Ocean Sky Int'l)

Date: 27-Sep-2013 11:28

Ocean Sky Int" l Ltd announced that the Co has entered into a conditional sale and purchase agreement (back dated) Oct 29, 2012 with Mr Ang Boon Cheow Edward, Mr Ang Boon Chong and Mr Wong Siew Hui (collectively, the Vendors), pursuant to which the Co has agreed to acquire 30% of the issued share capital of Ang Tong Seng Brothers Enterprises Pte. Ltd. (ATS) from the Vendors for an aggregate cash consideration of S$3,053,255 (the Acquisition).

ATS is a civil engineering and construction company. Established in 1981, ATS has a track record of more than 30 years in the provision of engineering services such as earthwork, roadwork, drainage work, basement work and structural works involving demolition and underground infrastructure as well as other general building works.

Ezion Holdings was Brokers top picks. DMG & Partners Research arm.

Head of Research. Mr Terence Wong spots would be giants among SMEs.

DMG has small Cap Model portfolio since its inception in July 2010. Ezion is the only stock left that has remain in it since inception and has seen stock price has risen more than three times as the company racks up impressive orders from blue-chip clients.

Ezion is one of the best growth prospects among companies in DMG SMEs Research coverage, with earnings expected to surge 69% in each fot the next two years.

DBS has TP of $3.20 cents. KEtrade has YHM TP of $0.34 cents.

teeth53 ( Date: 29-Aug-2013 16:14) Posted:

To support oil n gas services. YHM will huat huat with big bro....

analyst ( Date: 18-Jul-2013 11:04) Posted:

Announcements from Ezion

1) Proposed Issue Of S$30 Million Redeemable Exchangeable Preference Shares

http://ezion.listedcompany.com/news.html/id/363569

2) Ezion Received A Letter Of Intent ( USD 82.1 million over 5 year period) To Provide A Service Rig To Support A South East Asian Based National Oil Company

http://ezion.listedcompany.com/newsroom/20130718_093323_5ME_CCBB02EDF24A477648257BAB008239DE.1.pdf

Why so long on TH?? any news....

Ezion Holdings (Ezion) has signed a JV agreement with Buccaneer Energy Ltd (Buccaneer) for the joint ownership of a jack-up rig with the Alaska Industrial Development and Export Authority. (AIDEA).

Ezion will acquire a 50% interest in Kenai Offshore Ventures (the JV), which has secured a contract worth US$109.5m to provide a jack-up rig to support the offshore oil and gas activities in the Cook Inlet in Alaska for 5 years. Ezion will acquire a 50% interest. Backed by US$109.5m contract to provide a jack-up rig to support the offshore oil and gas activities. This translates to a bareboat charter rate of about US$60,000/day.

teeth53 thot - While, this is not the latest development, it allows Ezion to enter the Alaskan oil and gas scene, and there's opportunities for it to provide offshore support vessels in the area in the future. Maintain BUY. YHM huat huat...ARHH.

Sorry ..we have ignore you...everyone is looking at CMZ...

This is a stock to buy on pull back.. great business, growth stock
Far and away from Syria DBS
 
deployed in Middle EastSecured charter contract for a service rig to be
 
long distance from SyriaEzion?s service rigs for Middle East are near Qatar, a
  Maintain BUY TP S$3.20
Adding 3
charter contract to provide bareboat charter for a refurbished
jack up rig worth US$49.1m over four years. Upgrading and
refurbishment work is expected to commence at the Middle
East yard next week and the rig is scheduled to be delivered
to a national oil company in Middle East by mid-2014. The
cost of the project ? US$40m - will be funded by equity (30%)
and 5-year floating bank borrowings (70%).rd service rig to Middle East. Ezion has signed a
Slightly different accounting treatment.
secured at Ezion level and the service rig will be chartered
from a 50:50 JV of Ezion and Scott & English Limited, a
subsidiary of Kim Seng Holdings. Hence, Ezion will consolidate
the project revenue but at minimal profits. Bulk of profits will
still be recognised under associate/JV income line and/or other
income as management fees, similar to their previous JV
vessels. We estimate this latest contract to contribute about
US$1.5m in FY14 and US$3.2m in FY15, representing 0.6%
and 1.2% of our FY14 and FY15 forecasts respectively.The contract is
A long way from Syria.
service rig operating in Middle East, in the Arabian Gulf near
Qatar. The second one, which will come on stream by early
2014, will be deployed around that region as well.Currently, Ezion has only one
Maintain BUY TP S$3.20.
intact, with the expectations of three additional contracts this
year and eight next year. Maintain BUY on Ezion with an
unchanged TP of S$3.20, pegged to 14x FY13/14 PE. We
continue to like Ezion?s strong growth profile and earnings

visibility.We are keeping our forecasts

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Ezion