(EnergyAsia, April 16) — Singapore’s Ezra Holdings Limited said it is paying S$16.5 million, or 33.1 cents a share, for a 21.83% stake in Singapore-listed Nylect Technology Limited, a 25-year old mechanical & engineering group which recently diversified into the offshore marine logistics and support services sector through subsidiary Northern Offshore Pte Ltd. (US$1=S$1.5). The…
SINGAPORE: Ezra buys strategic Nylect stake to extend oil and gas support services
Posted on April 16, 2007 by EnergyAsia