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Ezion agrees to debt-equity swap deal with AusGroup

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Ezion Holdings will hold 20 per cent of the enlarged share capital of mainboard-listed offshore and marine player AusGroup if a substantial debt-to-equity swap proposal goes according to plan.

Singapore

EZION Holdings will hold 20 per cent of the enlarged share capital of mainboard-listed offshore and marine player AusGroup if a substantial debt-to-equity swap proposal goes according to plan.

The two Singapore-listed groups entered into a subscription agreement on Monday

sentifi.com

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