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Spike in trading of Ezra shares prompts SGX query (Amended)

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Published Fri, Sep 9, 2016 · 09:50 PM
    Volume surge

    Singapore

    A SPIKE in trading volumes in the shares of Ezra Holdings sent the stock to the top of the volumes chart on Friday, and triggered a trading query from Singapore Exchange (SGX).

    In a late-night response to SGX, the offshore marine group said its board of directors holds discussions with parties regarding possible transactions, which may include potential fund-raising via new loans, issue of new securities, sale of non-core assets, or refinancing of existing loans.

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