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Investor pulls out of Ezra's rescue plan

Crisis-struck Ezra Holdings has to revise its restructuring plan after an investor pulled its support from an agreement.

Singapore-based Ezra Holdings, the parent company of subsidiaries such as EMAS Offshore, is forced to change its restructuring plan after an investor has chosen to withdraw its support of the rescue maneuvre.

In a statement to the Singapore Exchange, Ezra writes that the original proposal for a restructuring agreement has been dropped.

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