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Ezion raising $194m from share placement

Published Wed, Apr 16, 2014 · 10:00 PM
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TWO companies linked to Malaysian tycoon Quek Leng Chan are pumping a total of $194 million into Ezion Holdings through share subscriptions for a combined 7.7 per cent stake in the enlarged capital of the liftboat developer and offshore logistics support service provider.

Ezion said yesterday that Asia Fountain Investment Company Limited and GuoLine Capital Limited are each subscribing for half of 100 mil…

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