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Monday, March 20, 2017

Ezra's subsidiaries file for bankruptcy.


https://sg.finance.yahoo.com/news/ezra-files-u-bankruptcy-amid-060902748.html

It's not unexpected as Oil & Gas industry is in a doldrum.
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1 comment:

Eric Ho said...

Investors and creditors for Ezra may only get back a few pennies on every dollar invested which is an optimistic outcome. The longer Ezra drags this, the more bleeding it will have to suffer because the oil & gas industry won't recover so fast.

March 21, 2017 at 5:57 PM

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