• 2013 February 28 16:45

  Ezion gets a letter of intent with a contract value of up to USD 45.3 million to provide a Lift boat for South East Asian oil company

  

  Ezion Holdings Limited has received a letter of intent with a contract value of up to approximately USD45.3 million over a 2 year period to provide a Lift
  boat to be used by a South East Asian based national oil company to support its oil & gas activities, the company reports.

  The Liftboat is expected to be deployed and working in South East Asian waters by the 3rd Quarter of 2013 after its final commissioning and completion.
  The above-mentioned transaction will be supported by funding from DBS Bank Ltd and is not expected to have a material impact on the Group’s earnings per share or net tangible assets per share for the financial year ending 31st December 2013.

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