Oslo Stock Exchange moves to delist Emas Offshore
Emas plans to appeal the decision as it has made progress with restructuring proposal
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THE Oslo Stock Exchange has passed a resolution to delist Emas Offshore, a unit of Ezra Holdings and a dual-listed company in Singapore and Norway, with effect from April 27.
This was due chiefly to the company's inability to disclose financial information within the prescribed deadlines under the Oslo Stock Exchange listing rules, Emas told the Singapore Exchange late on Monday.
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