Ezion in logistics tie-up with AusGroup
Deal involves share placement, options that will raise $78m for AusGroup
Add BT as a preferred source
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
OFFSHORE marine firm Ezion Holdings, an investor favourite, has been doing a fair share of heavy lifting of late.
Last week, it greatly sweetened the prospects for JK Tech Holdings by revealing plans to snap up a big stake in the Catalist-listed firm and connect it to opportunities in the thriving oil and gas space.
Yesterday, Ezion, whose largest shareholder Chew Thiam Keng is one of Singapore's billionaires according to Forbes, unveiled a pact with AusGroup to explore opportunities in the logistics supply chain in Australia's resources and marine sectors.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
