Corporate digest

Ezra Holdings

EZRA Holdings said Tuesday that it had, on Monday, received a statutory demand from the solicitors of Forland Subsea in relation to a claim made by Forland against the company for the payment of about 25.5 million Norwegian krone (S$4.4 million). The sum is allegedly due and owing by Ezra as parent corporate guarantor for the charterparty dated Dec 4, 2012, wherein Forland agreed to charter the vessel Lewek Inspector to an Ezra unit. Ezra added that the statutory demand stated that if payment is not secured or compounded to the reasonable satisfaction of Forland within three weeks, the solicitors of Forland will apply for the company to be wound up by the High Court of Singapore. Ezra said that it is currently seeking advice.

Yanlord Land Group