EMAS Offshore launches Singapore listing

EMAS Offshore Ltd.

EMAS Offshore Ltd., formerly known as EOC Ltd., has launched its public offering of shares following the registration of its prospectus with the Monetary Authority of Singapore (MAS), in conjunction with the proposed listing on the Main Board of the Singapore Exchange Securities Trading Ltd. (SGX-ST). The Group is offering 48,585,000 shares priced at S$1.21 per share.

With the Singapore listing, EMAS says it will be the first company to dual-list in Norway and Singapore to raise funds.

Three of the major banks in Singapore, namely DBS Bank Limited (DBS), Oversea-Chinese Banking Corp. Ltd. (OCBC), and United Overseas Bank Limited (UOB) are engaged to assist the company on the proposed dual listing on SGX-ST. It is led and underwritten by DBS. OCBC has been appointed as joint bookrunner and underwriter with DBS, and UOB as co-lead manager for the listing.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...