Singapore: Temasek unit to invest up to $38m in offshore ship operator Ezion

Singapore: Temasek unit to invest up to $38m in offshore ship operator Ezion

REUTERS/Edgar Su

Singapore’s loss-making Ezion Holdings Ltd, which operates ships used in the oil and gas industry, said it will raise up to S$50 million ($38 million) by issuing new shares and granting options to a subsidiary of state investor Temasek Holdings.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter