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Shareholders give thumbs up to Ezion debt plan

Group still faces arduous journey to recovery; it will take steps to stave off cash burn from non-productive assets: CFO

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...

sentifi.com

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