Ezra, 2 banks in share charge arrangements for Triyards stake
Pledge of Ezra's shares in Triyards and Emas Offshore is to secure S$100m borrowings
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
EZRA Holdings has entered into share charge arrangements with DBS and OCBC for a combined 60.9 per cent stake in its subsidiary Triyards.
A Triyards announcement on Monday shows that the charge arrangements involve a stake of 30.455 per cent for each of the banks.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
