Ezion trading: Will optimists or short-sellers prevail?
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
EZION Holdings looks set to re-open to frenzied trading this week when it emerges from a months-long trading suspension and a complex debt revamp.
Reactions from an online investor forum indicate news linking Ezion to Temasek Holdings and China Merchants Group may fan interest in this offshore and marine (O&M) stock.
The group has confirmed talks with strategic partners and investors that include China Merchants & Great Wall Ocean Strategy & Technology Fund to strengthen its position and grow its core liftboat business. This comes after an announced placement of new shares and options in late March to Temasek-linked Pavilion Capital.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
