SGI stealth group holdings ltd

News: SGI Stealth Global Holdings Says Restructured Its Supply Contract With Capital Drilling

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    Oct 2 (Reuters) - Stealth Global Holdings Ltd (SGI) :

    • HAS RESTRUCTURED ITS SUPPLY CONTRACT WITH CAPITAL DRILLING
    • CONTRACT RESTRUCTURE WILL NOT IMPACT PREVIOUSLY STATED EXPECTATION FOR REVENUES IN FY2020 TO EXCEED FY2019
    • RESTRUCTURED CONTRACT FOLLOWING A REVIEW BY STEALTH OF ITS CUSTOMER BASE IN AFRICA DUE TO DECLINING MARGINS WITH CAPITAL
    • ANNUAL REVENUE STEALTH DERIVES FROM CAPITAL DRILLING WILL REDUCE TO THAT OF PREVIOUS YEARS
    • STEALTH'S OUTLOOK FOR FY2020 REMAINS UNCHANGED
    • PARTIES AGREED TO ALTER CURRENT CONTRACT SERVICES ARRANGEMENT BY SHIFTING TO TRANSACTIONAL SUPPLY BASIS FROM JAN 1, 2020
    • CAPITAL DRILLING REMAINS CO'S 2ND LARGEST SHAREHOLDER, CONTRACT RESTRUCTURE DOES NOT AFFECT VOLUNTARY ESCROW AGREEMENT
 
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(20min delay)
Last
78.5¢
Change
-0.005(0.63%)
Mkt cap ! $101.6M
Open High Low Value Volume
76.0¢ 82.0¢ 76.0¢ $49.73K 63.20K

Buyers (Bids)

No. Vol. Price($)
1 8000 74.0¢
 

Sellers (Offers)

Price($) Vol. No.
78.5¢ 8332 1
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Last trade - 15.28pm 09/09/2025 (20 minute delay) ?
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