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Corporate digest

Published Tue, Oct 27, 2020 · 09:50 PM

Ezion Holdings

TERASEA, a joint venture in which offshore and marine group Ezion Holdings has a 50 per cent interest, was placed under creditors' voluntary winding-up from Tuesday. This follows a resolution passed at Terasea's extraordinary general meeting, and confirmation by its creditors.

BDO Advisory has been appointed the joint and several liquidators of Terasea for the purposes of winding-up its affairs, said Ezion in a statement on Tuesday. The winding-up of Terasea is not expected to have a material impact on Ezion's net tangible assets or earnings per share for the financial year endin…

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