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EMAS Offshore
30-09-2014, 09:04 AM.
Post: #1
EMAS Offshore

EMAS Offshore offers shares for dual listing in Singapore
Oslo-listed firm offering about 48.6 million shares at S$1.21 each

EMAS Offshore, which is linked to Ezra Holdings and known formerly as EOC Ltd, has launched its public offering of shares for a secondary listing on the Singapore Exchange mainboard.
For the dual listing, the Oslo-listed offshore support, accommodation and offshore production services firm is offering 48.585 million new shares at S$1.21 each to raise estimated net proceeds of S$53.8 million. The offering, which represents about 11 per cent of EMAS' enlarged post-offering share capital of 439.7 million shares, closes at noon on Thursday. Trading is expected to start on Oct 8.
The offering consists of a public tranche of 9.085 million shares and a placement tranche of 39.5 million shares.
"We are pleased to have come to this stage where we will be the first company to dual-list in Norway and Singapore to raise funds," said Lee Kian Soo, EMAS' executive chairman.

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24-10-2014, 06:30 AM.
Post: #2
RE: EMAS Offshore

Emas looks ahead after restructuring
24 Oct5:50 AM

EMAS Offshore posted a 38 per cent net profit decline for its fiscal fourth quarter amid restructuring and listing, but the offshore contractor said it is now poised to enter its next stage of growth.

"Having built a firm foundation, we are now ready to look at new areas

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14-02-2019, 06:11 PM.
Post: #3
RE: EMAS Offshore
Another Emas Offshore rescue deal falls through
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22-07-2019, 07:05 PM.
Post: #4
RE: EMAS Offshore
Application by EMAS Offshore Limited to be Placed under Judicial Management

EMAS Offshore Limited announced that the Company has filed an application in the High Court of the Republic of Singapore on 19 July 2019 for inter alia an order that the Company be placed under judicial management pursuant to Section 227B of the Companies Act (Cap. 50, 2006 Rev Ed).

The JM Application will be heard on a date to be fixed by the Court.

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