Asia
Ezra disconnects AMC Connector
Singapore: Ezra Holdings’ wholly-owned subsidiary, Emas Offshore Limited, will transfer 50% of the equity interest in AMC Connector to Aker Oilfield Services for US$445.5m.
“The disposal is in line with the group’s efforts and overall strategy to effectively manage its balance sheet and optimise its capital structure in view of the robust growth prospects and to enhance shareholder value,” Ezra said in a release. [11/10/12]