Ezra shares hit another bad patch
Stock sinks to record low after group announced winding-up petition against unit of subsea JV
Singapore
SHARES in Ezra Holdings were in rough seas once again on Wednesday as it sank as much as 12.5 per cent to a record low of S$0.021 following an overnight announcement from the offshore and marine (O&M) group over a winding-up petition filed against a subsidiary of its subsea joint venture.
The stock opened trading at S$0.021, down 0.3…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Brokers’ take: CGS International upgrades Nanofilm to ‘hold’ despite lower target price
Roche cuts pipeline after research setbacks and sales drop
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head
London stocks hit new record at open
Heineken sells more beer in Q1, sticks to outlook
US seeks 36 months’ jail for Binance founder Zhao