Edition:
India

Chiyoda Corp (6366.T)

6366.T on Tokyo Stock Exchange

768JPY
23 Oct 2018
Change (% chg)

-- (--)
Prev Close
¥768
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
1,974,940
52-wk High
¥1,150
52-wk Low
¥625

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