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Ezra, Emas statements send privatisation talk into overdrive
Companies' statements fuel 20 per cent jump in Ezra and 5 per cent surge in Emas stock prices in just one day
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Anita Gabriel
Published Thu, Mar 10, 2016 · 09:50 PM
Singapore
Marine services firm Ezra Holdings and its subsea subsidiary Emas Offshore on Tuesday night issued identical statements, saying they were in talks on "possible transactions" - which quickly fuelled privatisation rumours swirling in the market lately.
But when contacted, an Ezra spokesman told BT that the company "is not aware of any such plan".
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