EOC launches $254m share sale for Singapore listing: Reuters

It’s the company’s secondary listing.

A report by Reuters reveals that offshore support services company EOC Ltd has launched sale of shares worth S$214-S$254 million ($171 million - $203 million) for its secondary listing on the Singapore Exchange.

The company plans to sell up to 210 million shares, with each priced in the range of S$1.02-S$1.21, IFR said, citing banking sources.

EOC, an associate company of Singapore-listed Ezra Holdings Ltd, is already listed in Oslo and will become the first company with dual listings in Norway and Singapore.

DBS is the sole global coordinator. DBS and OCBC are the joint bookrunners and underwriters.
 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!