SGX welcomes Triyards to Mainboard
There are now 46 listed firms in the maritime and offshore industry.
Singapore Exchange said the listing of Triyards Holdings follows the distribution of 33% of Triyards shares to shareholders of Ezra Holdings on the basis of one Triyards share for every 10 Ezra shares held.
Triyards offers a broad spectrum of engineering and fabricating services focused on the oil and gas market. Estimated market capitalization is S$140 million.
The listing of Triyards on Mainboard is under the stock code “RC5”.