2017

Completion of Vessel Sale

We are pleased to announce the completion of vessel sale (via the sale of DG1PL) to Siem OSV for US$100 million. Following this sale, a US$84 million vessel loan and RM46 million of convertible bond have been effectively repaid and redeemed/cancelled.
  • 19 Sep, 2017
  • Posted by admin
  • 1 Tags
  • 0 Comments
Read More

Disposal of DG1PL (SD1)

We were pleased to announce that our shareholders have approved the disposal of SD1 (via 100% interest in DG1PL) for US$100,000,000 in the Extraordinary General Meeting held on 21 June 2017.
  • 21 Jun, 2017
  • Posted by admin
  • 1 Tags
  • 0 Comments
Read More

Quarterly Earnings

The Group announced its Group consolidated operating performance for the first quarter ended 31 March 2017.
  • 19 May, 2017
  • Posted by admin
  • 1 Tags
  • 0 Comments
Read More

Proposed Asset Sale

We entered into a conditional agreement to sell our vessel (Siem Daya 1) to Siem OSV for US$100 million to be satisfied via US$82.7 million cash and the balance in the form of debt waivers from both Siem Offshore Rederi AS (SORAS) and Canyon Inc. The sale is subject to the approvals of authorities and
  • 30 Mar, 2017
  • Posted by admin
  • 1 Tags
  • 0 Comments
Read More