Brokers' take

Ezion Holdings | Buy

June 18 close: S$1.055

Target price: S$2.10

RHB, June 18

FOLLOWING a change in management, Atlantic Marine Services (AMS) has withdrawn its lawsuit against Ezion and released and discharged the latter from all claims alleged.

Ezion will continue to engage AMS, following the latter's change in management, to meet Maersk Oil's exacting operating requirements. With AMS taking responsibility over its team, Maersk may be willing to give the operator a second chance, in our view - and the chart…