Ezra shares hit another bad patch
Stock sinks to record low after group announced winding-up petition against unit of subsea JV
Singapore
SHARES in Ezra Holdings were in rough seas once again on Wednesday as it sank as much as 12.5 per cent to a record low of S$0.021 following an overnight announcement from the offshore and marine (O&M) group over a winding-up petition filed against a subsidiary of its subsea joint venture.
The stock opened trading at S$0.021, down 0.3…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok suspends new app’s reward programme amid EU concerns
Hong Kong spot crypto ETFs to start trading next week
Cordlife substantial shareholder Nanjing Xinjiekou still mulling over offer to buy over remaining shares
Nvidia agrees to acquire Israeli AI software provider Run:ai
HSBC says growing Chinese wealth fuels client investments in US
Unilever's India quarterly profit disappoints