Ezra Holdings Ltd. has concluded a sale and purchase agreement to acquire a 30% stake in Uni-Bulk Holdings Ptd Ltd.
(Asia-Pacific) - Singapore-based Ezra Holdings Ltd. has concluded a sale and purchase agreement to acquire a 30% stake in Uni-Bulk Holdings Ptd Ltd.
Uni-Bulk specializes in planning, management and transportation of high value pre-assembled modules and semi-assembled modules for oil and gas projects in the Asia-Pacific. region
It is buying the Uni-Bulk stake from Eastern Bulk Ltd. of Singapore, which operates semisubmersible barges for transporting oil and gas projects.
"The deal enhances Ezra's position as a leading services provider of offshore support services in the region," says its Managing Director Lionel Lee.
Ezra aims to double its fleet of offshore support vessels from the present 15 to 30 by 2007.
