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Article: Singapore : Ezra Holdings buys Intrepid Global to boost subsea services capability.
- Article from:
- TendersInfo
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sanjayV03
Marine services provider, Ezra Holdings said it has acquired Intrepid Global, a firm specialising in deepwater subsea projects.
It bought 9 million of Intrepid's ordinary shares for S$180,000 in cash and 1.5 million Ezra shares. The 9 million Intrepid shares represent 90 per cent of its entire issued and ...