SUBSCRIBERS

Emas Offshore plans to seek suspension of its shares on SGX

Anita Gabriel

Published Sun, Mar 5, 2017 · 09:50 PM

Singapore

THE troubles at beleaguered offshore and marine group Ezra Holdings and its related units appear never ending.

Over the weekend, the firm's majority-owned Emas Offshore said it plans to ask for a voluntary suspension of its shares on Singapore Exchange (SGX). This follows an announcement last Friday by the Oslo bourse, where the firm is also listed, that it has suffered the same fate in Norway.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes