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Ezra, 2 banks in share charge arrangements for Triyards stake

Pledge of Ezra's shares in Triyards and Emas Offshore is to secure S$100m borrowings

Published Wed, Jul 13, 2016 · 09:50 PM

Singapore

EZRA Holdings has entered into share charge arrangements with DBS and OCBC for a combined 60.9 per cent stake in its subsidiary Triyards.

A Triyards announcement on Monday shows that the charge arrangements involve a stake of 30.455 per cent for each of the banks.

Responding to a BT query, an Ezra spokesman also confirmed that…

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