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Yinson could pull plug on Ezion's lifeline

White knight's subsidiary has not entered into debt assignment agreements with Ezion's lenders by April 14 deadline

Fiona Lam
Published Mon, Apr 15, 2019 · 09:50 PM
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Singapore

AILING offshore and marine group Ezion Holdings' troubles might not be over, with its potential white knight Malaysia-listed Yinson Holdings now entitled to pull the plug on its proposed lifeline any time.

Ezion on Monday said that Yinson Eden Pte Ltd, an indirect wholly owned subsidiary of Yinson Holdings, had not ente…

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