Singapore: EOC Limited set the price range for its secondary listing in Singapore on Wednesday, with up to 210 million shares available priced in the range of S$1.02 to S$1.21.
The company has already been listed in Oslo, and banks including DBS, OCBC and UOB have been engaged to assist with the Singapore listing.
EOC received approval from Ezra Holdings in August to consolidate with Ezra’s offshore offshore support services division EMAS Marine, creating one of the largest offshore support operators in Asia. The combined entity will manage an offshore services platform comprising over $1b in assets, with a fleet of 50 vessels boasting a combined bollard pull of almost 4,000 tons. [04/09/14]
RELATED STORIES:
EOC gets go ahead for Singapore secondary listing
Ezra shareholders approves EOC and EMAS merger plan
Ezra to combine EMAS Marine and EOC to form giant offshore player
