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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


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...

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