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Ezion in logistics tie-up with AusGroup
Deal involves share placement, options that will raise $78m for AusGroup
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Anita Gabriel
Published Wed, Apr 9, 2014 · 10:00 PM
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OFFSHORE marine firm Ezion Holdings, an investor favourite, has been doing a fair share of heavy lifting of late.
Last week, it greatly sweetened the prospects for JK Tech Holdings by revealing plans to snap up a big stake in the Catalist-listed firm and connect it to opportunities in the thriving oil and gas space.
Yesterday, Ezion, whose largest shareholder Chew Thiam Keng is one of Singapore's billionaires according to Forbes, unveiled a pact with AusGroup to explore opportunities in the logistics supply chain in Australia's resources and marine sectors.
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