Home Capital Broker's Calls

Two O&G companies that are poised to benefit from government-backed relief

Jude Chan
Jude Chan11/28/2016 03:26 PM GMT+08  • 3 min read
Two O&G companies that are poised to benefit from government-backed relief
SINGAPORE (Nov 28): DBS Group Research says Pacific Radiance and Ezra Holdings are two SGX-listed oil and gas players under its coverage that will likely qualify for and benefit the most from government-backed relief for the sector.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Nov 28): DBS Group Research says Pacific Radiance and Ezra Holdings are two SGX-listed oil and gas players under its coverage that will likely qualify for and benefit the most from government-backed relief for the sector.

Ministry of Trade and Industry on Friday stepped in to throw Singapore’s marine and offshore engineering (M&OE) industry a lifeline with a scheme of support measures.

“These new finance schemes targeted at the M&OE sector marks the first time that the government is providing such sector-specific intervention,” says DBS lead analyst Suvro Sarkar in a Monday report. “More help would certainly be useful.”

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now