SUBSCRIBERS
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Pfizer lifts 2024 profit view on cost cuts, higher Covid vaccine demand
Shell exits China power market businesses
DuPont beats profit estimates, raises full-year forecasts
Binance founder Zhao Changpeng gets four months in prison
Apple set for big sales decline as investors await AI in iPhones
Microsoft, Brookfield to partner on renewable energy projects