Ezra's restructuring proposal with Asia Fund Space falls through
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance