Yinson moves to acquire Singapore’s Ezion

Malaysia’s FPSO services provider Yinson Holdings has decided to acquire Singapore’s liftboat operator Ezion Holdings.

Yinson Eden, a subsidiary of Yinson Holdings, on March 31, 2019, entered into a conditional debt conversion agreement and conditional option agreement, with Ezion Holdings with the intention to acquire Ezion Holdings group by striking a deal with the group’s lenders.

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