Oslo-listed EOC Limited, a Singapore-based firm providing offshore services, is eyeing a second public listing in Asia, the company announced on Thursday, Seatrade Asia online reports. “EOC is considering a separate listing on an Asian stock exchange largely because we are keen to expand and diversify our shareholder base, as well as tap into new capital markets,” said Lim Kwee Keong, ceo of EOC. EOC is 46.5% owned by Singapore-listed Ezra Holdings. EOC began trading on Norway's over-the-counter market in April 2007 before it was upgraded to the mainboard in October the same year. The current listing in Oslo is expected to be maintained as it has advanced the group's growth agenda to capture opportunities in the North Sea, South America and West African markets. Meanwhile, the group reported a net profit of $3.2m for the third quarter ended 31 May as against a net loss of $3.4m for the previous corresponding period.
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