Ezion dismisses bondholder redemption bid

ezion

Ezion Holdings refuted the claims of a noteholder to redeem his share of some S$120 million of medium-term notes.

Ezion said that its shares in the company have not ceased to be listed or traded on the Singapore Exchange (SGX).

KGI said the request was put forth to Ezion ahead of the company’s scheduled meeting with its noteholders on Oct 2.

The company is looking to have noteholders allow note restructuring due to a broader debt revamp exercise.

[sbr.com.sg]

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