Offshore vessel operator EMAS Offshore, part of Singapore’s Ezra Holdings, has been given a reprieve by Oslo Børs after the Norwegian exchange resolved to revoke a decision to delist the company’s shares.
Oslo Børs announced the delisting late last month, pledging to delist the company on June 17 after Emas Offshore had failed to pay fees to the exchange.
Emas Offshore has been struggling to restructure since parent company Ezra Holdings filed for bankruptcy protection in a US court in March 2017.