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Temasek's Pavilion Capital Fund invests up to $50 mil in Ezion

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Temasek's Pavilion Capital Fund invests up to $50 mil in Ezion

PC Lee Published on Fri, Apr 06, 2018 / 4:37 PM GMT+8

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SINGAPORE (Apr 6): Pavilion Capital Fund Holdings, a subsidiary of Singapore state investment firm Temasek Holdings, is investing up to $50 million in Ezion Holdings, the offshore and marine firm which recently concluded a debt restructuring deal.

See: Over 99% of Ezion shareholders vote in support of debt refinancing package

Pavilion Capital has agreed to subscribe to 96.2 million new Ezion shares at an issue price of 20.8 cents each.