Rough seas at SembCorp: marine unit's shares sink following report on currency losses
Article Abstract:
Shares of Singapore firms SembCorp Industries Ltd. and its marine business SembCorp Marine Ltd. dropped after SembCorp Marine's finance director was fired following allegations that unauthorized foreign-exchange transactions had been made. SembCorp Marine shares fell 15% to $4.74 Singapore dollars, while SembCorp Industries shares fell 4.7% to S$6.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Legal issues & crime, Company legal issue, Investigations, Singapore, Marine construction, SembCorp Industries Ltd., Underwater construction, SembCorp Marine
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Virgin might buy 20% stake in Fly Asian Express
Article Abstract:
Britain's Virgin Group Ltd. and Malaysian unlisted budget airline Fly Asian Express are said to be negotiating the sale of a 20% stake in Fly Asian to Virgin for approximately $7 mil.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Strategy & planning, Financial management, Malaysia, Air Transportation, Scheduled, And Air Courier Services, United Kingdom, Planning, Company investment, Investments, Airlines, Company business planning, Virgin Group Ltd.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Comment about this article or add new information about this topic:
Subjects list: Securities, Company securities
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