COMPANIES & MARKETS

Ezion says there won't be material impact from POSH JV's loan default

Singapore

THE default on US$27.6 million worth of debt, as well as any cross defaults, by a PACC Offshore Services Holdings (POSH) joint venture (JV) has no material impact on offshore and marine group Ezion Holdings, the latter confirmed on Friday.

POSH had announced on Thursday…

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Ezion says there won't be material impact from POSH JV's loan default

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