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Potential investment for Emas Offshore called off

Tay Peck Gek

Tay Peck Gek

Published Wed, Feb 13, 2019 · 09:50 PM

Singapore

THE US$73.29 million proposed investment that the ailing Emas Offshore was looking forward to has been called off.

In a regulatory filing on Wednesday, Emas Offshore said it had been informed by Udenna Corporation that the proposed investment into the offshore services provider would not take place.