Ezion trading: Will optimists or short-sellers prevail?

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.

One investor looking at a potential rally cited these two state-linked names and a DBS Vick…