Singapore-listed Ezion sold 14.3 million new ordinary shares to EDBI, and expects to leverage on its partner's network of resources and experience to further expand its business in the offshore oil and gas industry.
“This investment demonstrates EDBI's commitment to grow globally competitive businesses to build sustainable industry pillars for Singapore,” said Chu Swee Yeok, ceo of EDBI.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.