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Ezra's restructuring proposal with Asia Fund Space falls through

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Published Tue, Jul 17, 2018 · 09:50 PM

Singapore

OFFSHORE and marine group Ezra Holdings said that a plan to put its assets under a separate trust as part of its restructuring has fallen through.

In a statement on Tuesday, Ezra said a proposal with financial consultancy specialist Asia Fund Space (HK) (AFS) was terminated on July 16 after AFS did not meet certain requirements of the deal.

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