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Ezion to subscribe to 141 mil new AusGroup shares at 5.8 cents each under loan capitalisation plan

PC Lee Published on Mon, Jun 12, 2017 / 7:46 AM GMT+8

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SINGAPORE (June 12): Ezion Holdings has entered into a share subscription agreement with subsidiary AusGroup as part of its plan to capitalise loans of up to A$39.3 million ($40.6 million) for the latter.

(See: Ezion could gain from AusGroup debt restructuring as demand rises)

(See also: Analysts see light at the end of the tunnel amid Ezion’s AusGroup loan capitalisation)

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