Trading in shares of Ezion Holdings has been suspended voluntarily, while a potential strategic investors carries out due diligence on the company.
The liftboat owner said the suspension was recommended by the board in view of the engagement between the mystery investor and Ezion’s secured lenders.
“Given the current dynamic situation that the company is in, a trading suspension would avoid any irregular movement in share price and prevent any irregular trading activities that may result from the leakage of any information which the company has no control over,” Ezion said.
