EMAS Offshore to request for suspension of shares on SGX

SINGAPORE (March 6): EMAS Offshore, the subsidiary embattled offshore and marine group Ezra Holdings which is also listed in Norway, announced on Saturday it will be requesting for a voluntary suspension of its shares on the Singapore Exchange.

The move follows the announcement that Financial Supervisory Authority of Norway has ordered Oslo Bors to suspend the shares of EMAS Offshore from trading because the company has not released an audited annual report for 2016 within the Dec 31 deadline.

The suspension will be lifted upon publication of the audited annual financial information for 2016.

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