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Ezra Holdings’ Triyards Given Eligibility to List on Singapore Exchange Mainboard

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August 26, 2012

In July of this year, Triyards secured a US$77 million construction order for this specialised offshore unit. Image: EMAS

SINGAPORE–Triyards Holdings, a unit of offshore services provider Ezra Holdings, has been granted conditional eligibility to list on the mainboard of the Singapore Exchange, the firm said in a statement.

The listing is by way of introduction, and subject to the approval of Ezra shareholders, according to the statement. Ezra will retain a majority control of 67% in Triyards after the proposed distribution, the firm said.

Triyards, the engineering and fabrication unit of Ezra, makes offshore equipment including self-elevating units and platforms.

– Martin Vaughan, (c) 2012 Dow Jones & Company

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