Gaylin completes $100m equity, debt restructuring as ShawKwei ups stake to 76%

Gaylin completes $100m equity, debt restructuring as ShawKwei ups stake to 76%

Photo: Gaylin website

ShawKwei and Partners-backed offshore and marine services firm Gaylin Holdings Ltd has completed a $100-million investment and debt restructuring organised by the private equity firm that has now increased its stake in the Singapore-listed company to 76 per cent.

The move seeks to provide loss-making Gaylin with “financial stability and positioning it for future growth”, an announcement said Tuesday.

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