Shareholders give thumbs up to Ezion debt plan

Singapore

OFFSHORE and marine group Ezion Holdings on Wednesday won a majority vote of over 99 per cent from its shareholders in support of a landmark debt refinancing plan touted as having tabled no haircuts for its debt-holders.

Shareholders representing in excess of 799.2 million shares, or 99.22 per cent of the votes cast, voted in favour of the plan.