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Edward2 Senior	16-Apr-2019 09:34        Edward2 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bank not stupid write down 700millionfor 200million. Unless yinson can give 500million. Else is 乘 火 打 劫 。
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makdatok Supreme	16-Apr-2019 07:49        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	Timeline wont be an issue if Yilson really interested n put its mind on it :-P
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trademaster Supreme	16-Apr-2019 01:10        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	TROUBLED offshore and marine group Ezion Holdings on Monday said its potential white knight Malaysia-listed Yinson Holdings has not entered into the debt assignment agreements with its lenders by the April 14 deadline. That means Yinson has the right to terminate the conditional debt conversion agreement immediately, in which case its proposed share subscription and grant of options will not proceed. Ezion said Yinson is still in negotiations with Ezion&rsquo s &ldquo designated lenders&rdquo &ndash certain lenders, including major secured ones &ndash for  a rescue package that will see Yinson wiping off US$916 million of Ezion&rsquo s debt  and in turn get new Ezion shares at 5.5 Singapore cents apiece.
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dyingcat Veteran	15-Apr-2019 21:16        dyingcat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who said terminated? They r negotiating with the lenders for the best deal. The lenders are doomed to lose and will accept the deal, as it will recover much more than liquidation of Ezion.
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ahhuat08 Elite	15-Apr-2019 21:07        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	i hv searched thru' bursa msia' s announcemnent, i cant find Yinson termination debt assignmnet deal. Kinda of strange as this should consitute a material development. Or am i missing something?
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TraderBen Supreme	15-Apr-2019 19:21        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Deal seems bleak. Seems like yishon is reluctant to seal the deal after all
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SAVIORFOREVER Supreme	15-Apr-2019 18:16        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	News abstract "TROUBLED offshore and marine group Ezion Holdings on Monday said its potential white knight Malaysia-listed Yinson Holdings has not entered into the debt assignment agreements with its lenders by the April 14 deadline. That means Yinson has the right to terminate the conditional debt conversion agreement immediately, in which case its proposed share subscription and grant of options will not proceed." If Yinson pull the plug, can Ezion survive the next two quarters? If no deal, will Ezion open doors for ppl to get out? Suspension until bankrupt is a possibility but I hope Ezion management can show grace. Trade with awareness.
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tonytan44 Supreme	15-Apr-2019 12:06        tonytan44 About Contact  Quote this Post!
x 0   x 0  Alert Admin	no timely annoucement again. lapse already still dont want to break the news tonytan44      ( Date: 15-Apr-2019 09:19) Posted: waiting for next ann which MAYBE terminated. bulls may be shaken tonytan44      ( Date: 13-Apr-2019 12:34) Posted: As at the date of this announcement, the Company has been informed by the Subscriber that the Subscriber is still in negotiations with the Designated Lenders in relation to the Debt Assignment Agreements. friday 12 apr announcement.......in 2 days which is sat and sun suddenly everything can settle? mon we will know the answer
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makdatok Supreme	15-Apr-2019 09:35        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	Or until oil industries buzzling again n creare great apportunity for e comeback...Its d absolute bottom now..Wauting for e rally..hiak3 SAVIORFOREVER      ( Date: 15-Apr-2019 09:23) Posted: Nothing will happen until it open door for trading. Suspension can be prolonged until company goes bust. Trade with awareness. ahhuat08      ( Date: 14-Apr-2019 23:14) Posted: If my understanding is correct: its usd 200m in cash and the rest are in ezion shares valued at 5.5 cts apiece to settle the usd 916M loans. all deals hinge in this debt assignment, if the lenders dont agree to this arrangement, all hell break loose
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SAVIORFOREVER Supreme	15-Apr-2019 09:23        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nothing will happen until it open door for trading. Suspension can be prolonged until company goes bust. Trade with awareness. ahhuat08      ( Date: 14-Apr-2019 23:14) Posted: If my understanding is correct: its usd 200m in cash and the rest are in ezion shares valued at 5.5 cts apiece to settle the usd 916M loans. all deals hinge in this debt assignment, if the lenders dont agree to this arrangement, all hell break loose. Zealot      ( Date: 14-Apr-2019 21:34) Posted: The success of the deal hinges on the banks - they are actually the ones who have to pay the most for this deal. When all is said and done: Yinson pays US$200M for 70% of Ezion. Not a bad deal. The banks trade in US$916M in secured loans for US$200M and 14% equity, worth about US$40M (one-fifth of Yinson's stake). So that's US$240M, or 26% of the original loan value. Big haircut. Will the banks bite? Hopefully.
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tonytan44 Supreme	15-Apr-2019 09:19        tonytan44 About Contact  Quote this Post!
x 0   x 0  Alert Admin	waiting for next ann which MAYBE terminated. bulls may be shaken tonytan44      ( Date: 13-Apr-2019 12:34) Posted: As at the date of this announcement, the Company has been informed by the Subscriber that the Subscriber is still in negotiations with the Designated Lenders in relation to the Debt Assignment Agreements. friday 12 apr announcement.......in 2 days which is sat and sun suddenly everything can settle? mon we will know the answer. ahhuat08      ( Date: 13-Apr-2019 11:41) Posted: should have been 14th nov, ie tomorrow. can yinson requests for extension of time, or abort it totally, we shall know by tomorrow
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tonytan44 Supreme	15-Apr-2019 09:17        tonytan44 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As at the date of this announcement, the Company has been informed by the Subscriber that the Debt Assignment Agreements have not been entered into by the Relevant Date and the Subscriber is still in negotiations with the Designated Lenders. Accordingly, the Subscriber has the right to terminate the Conditional Debt Conversion Agreement immediately. tonytan44      ( Date: 13-Apr-2019 08:48) Posted: mon last day to sign otherwise yinson can terminate the deal. bulls have the right to be fearful. TraderBen      ( Date: 12-Apr-2019 23:47) Posted: We don?t even know is the deal going thru or not
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guards80 Supreme	15-Apr-2019 09:16        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As at the date of this announcement, the Company has been informed by the Subscriber that the Debt Assignment Agreements have not been entered into by the Relevant Date and the Subscriber is still in negotiations with the Designated Lenders. Accordingly, the Subscriber has the right to terminate the Conditional Debt Conversion Agreement immediately. Shareholders, noteholders and potential investors of the Company are to note that in the event of the termination of the Conditional Debt Conversion Agreement, the Proposed Transactions as described in the Previous Announcements will not proceed. Announcement(s) will be made by the Company upon any material development in relation to the Debt Assignment Agreements, the Conditional Debt Conversion Agreement and/or the Proposed Transactions.
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ahhuat08 Elite	14-Apr-2019 23:14        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If my understanding is correct: its usd 200m in cash and the rest are in ezion shares valued at 5.5 cts apiece to settle the usd 916M loans. all deals hinge in this debt assignment, if the lenders dont agree to this arrangement, all hell break loose. Zealot      ( Date: 14-Apr-2019 21:34) Posted: The success of the deal hinges on the banks - they are actually the ones who have to pay the most for this deal. When all is said and done: Yinson pays US$200M for 70% of Ezion. Not a bad deal. The banks trade in US$916M in secured loans for US$200M and 14% equity, worth about US$40M (one-fifth of Yinson's stake). So that's US$240M, or 26% of the original loan value. Big haircut. Will the banks bite? Hopefully.
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Zealot Member	14-Apr-2019 21:34        Zealot About Contact  Quote this Post!
x 0   x 0  Alert Admin	The success of the deal hinges on the banks - they are actually the ones who have to pay the most for this deal. When all is said and done: Yinson pays US$200M for 70% of Ezion. Not a bad deal. The banks trade in US$916M in secured loans for US$200M and 14% equity, worth about US$40M (one-fifth of Yinson's stake). So that's US$240M, or 26% of the original loan value. Big haircut. Will the banks bite? Hopefully.
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TraderBen Supreme	13-Apr-2019 20:30        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Who the hell will want to convert at 0.2763
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tonytan44 Supreme	13-Apr-2019 12:34        tonytan44 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As at the date of this announcement, the Company has been informed by the Subscriber that the Subscriber is still in negotiations with the Designated Lenders in relation to the Debt Assignment Agreements. friday 12 apr announcement.......in 2 days which is sat and sun suddenly everything can settle? mon we will know the answer. ahhuat08      ( Date: 13-Apr-2019 11:41) Posted: should have been 14th nov, ie tomorrow. can yinson requests for extension of time, or abort it totally, we shall know by tomorrow. tonytan44      ( Date: 13-Apr-2019 08:48) Posted: mon last day to sign otherwise yinson can terminate the deal. bulls have the right to be fearful
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ahhuat08 Elite	13-Apr-2019 11:47        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	" 14th april ahhuat08      ( Date: 13-Apr-2019 11:41) Posted: should have been 14th nov, ie tomorrow. can yinson requests for extension of time, or abort it totally, we shall know by tomorrow. tonytan44      ( Date: 13-Apr-2019 08:48) Posted: mon last day to sign otherwise yinson can terminate the deal. bulls have the right to be fearful
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ahhuat08 Elite	13-Apr-2019 11:41        ahhuat08 About Contact  Quote this Post!
x 0   x 0  Alert Admin	should have been 14th nov, ie tomorrow. can yinson requests for extension of time, or abort it totally, we shall know by tomorrow. tonytan44      ( Date: 13-Apr-2019 08:48) Posted: mon last day to sign otherwise yinson can terminate the deal. bulls have the right to be fearful. TraderBen      ( Date: 12-Apr-2019 23:47) Posted: We don?t even know is the deal going thru or not
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tonytan44 Supreme	13-Apr-2019 08:48        tonytan44 About Contact  Quote this Post!
x 0   x 0  Alert Admin	mon last day to sign otherwise yinson can terminate the deal. bulls have the right to be fearful. TraderBen      ( Date: 12-Apr-2019 23:47) Posted: We don?t even know is the deal going thru or not
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