Ezion Holdings

[tonylim]

Hi tony,

Ezion mentioned it is trying to re deploy some of its large assets, however due to working capital constraints (aka not enough cash), they are unable to send their assets to the places for the contracting revenue in time.

Hence Ezion needs sufficient working capital (cash) to deploy it assets to the right place and start earning charter revenue. It will probably be completed in mid Q2 then will contracted revenue start to be recognised.

Hi CY09 ,
Many thanks for your sharing.