Ezra Holdings Limited announced that it will add four high-end multi-purpose platform supply vessels (PSVs) to its fleet in the light of the positive outlook for the sector. The investment of approximately US$130 million underlines its commitment to strengthening the capabilities of its core businesses and driving its next growth phase. At the same time, the Group has also announced that EMAS Offshore Pte Ltd, the Group’s operating entity for offshore support services, has secured letters of intent and/or letters of award for approximately US$51 million worth of new contracts which will charter five anchor, handling, towing and supply (AHTS) vessels and a PSV to oil majors, national as well as independent oil companies, for operations in Asia and Australia. In aggregate, the average period for the new charters will exceed two years.

 

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i came i read i posted

 

imho, analysis from cimb has the least standard among all the brokers. target price is always either pegged very very high, or very very low...

if i m the head of this dept, i will really vomit blood to see this kind of standard. Wonder how on earth do they compete with the rest?