You are here

Ezion secures strategic investment from Temasek-linked Pavilion Capital

Deal could raise up to S$50m of gross proceeds, but group still needs to deliver the required cash flows to pare debts, says analyst

Singapore

OFFSHORE and marine (O&M) group Ezion Holdings could raise up to S$50 million through a placement of shares and options to its first strategic investor in this prolonged industry downturn.

On Wednesday, Temasek-linked Pavilion Capital Fund Holdings (Pavilion) agreed...

sentifi.com

Market voices on: