SINGAPORE (March 10): Ezra Holdings, the offshore and marine group, announced on Thursday night that it has received a statutory demand for a claim from the solicitors of VT Halter Marine Inc (VTH) which is part of the ST Engineering group.

The claim is for a sum of over US$3.2 million ($4.5 million) together with accruing interest that is allegedly due and owing by Ezra as parent corporate guarantor for the loan agreement entered into on Feb 26, 2015, between VTH and Emas Chiyoda Subsea Inc (ECS US), formerly Emas AMC Inc.

ECS US is a wholly owned subsidiary of Emas Chiyoda Subsea (ECS), Ezra’s 40% owned associate.

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