Ezra's judicial managers seek second extension

THE judicial managers of Ezra Holdings (JMs) are seeking a second extension.

In a regulatory filing with the Singapore Exchange over the weekend, the company announced that the JMs have made an application to the court for the validity of the Judicial Management Order (JM Order) to be extended for six months, from June 22 this year until Dec 22.

The JMs have also applied to the court to be granted a six-month extension until Aug 21 this year to provide the company's creditors and members with the JMs' statement of proposals for achieving one or more of the purposes stated in the JM Order and convene a meeting of the company's creditors.

The court has fixed the hearing of the application on March 4 at 2.30 pm. It has also directed, among other things, that parties who wish to object to the second extension application are to file an affidavit by 4 pm on Feb 26, and that Ezra is to file a reply affidavit, if any, by 4 pm on March 1.