Ezra gets green light to list associate in Singapore
Published on Aug 19, 2014 9:44 PM
SINGAPORE - Offshore and marine firm Ezra Holdings said yesterday that its shareholders have given the green light to a proposed consolidation of its offshore support services division, EMAS Marine, with its associated company EOC Limited.
They also agreed to EOC seeking a secondary listing on the Singapore Exchange, Ezra said in a statement on Tuesday.
EOC is already traded on the Oslo bourse in Norway, where it was listed in 2007.
About 98.5 per cent of Ezra shareholders voted in support of the consolidation proposal at an extraordinary general meeting on Tuesday.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here