Asia

Another busy day for Ezion

Singapore: Busy Ezion Holdings made a couple of announcements on the Singapore stock exchange today. It has received the go ahead to develop a marine supply base in the Northern Territory of Australia.

Located North of Darwin in Apsley Strait between  Melville Island and Bathurst Island, the supply base has a dockside water depth of 12 m.

Separately wholly-owned subsidiary, Ezion Investments, entered into a sales and purchase agreement with Offshore Marine Services and PB Sea Tow Holdings (BVI) in relation to the divestment of 33.3% effective interest in Offshore Marine Services Alliance for a sales consideration of AUD35m.  [01/03/13]

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