$EZIDF: 2018 Annual-Revs of $120Million
And this is only trading at $0.045 right.
Was trading over $2 almost 5yrs ago.
Refinancing in place.
Looks like a Major investor is taking a stake in Ezion.
GO $EZIDF
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http://ezion.listedcompany.com/newsroom/20190301_183011_NULL_PYZ6HZZIE42DF4WK.1.pdf
We have shared earlier in our announcements dated 4th February 2019 and 1st March 2019 that
Ezion is in advanced discussions with a potential strategic investor. The potential strategic investor
need also to agree terms with the secured lenders. We have received feedback that the discussions
between the secured lenders and one particular investor group have been progressing well.
However, no conclusive agreement has been reached to date. As the outcome of this discussion
will have a very major impact on the Group, we have decided therefore to suspend the trading of the
company’s shares to avoid any irregular trading activities from price sensitive discussions that have
started and are ongoing.
We will update you of subsequent developments. In the meantime, we humbly ask for your kind
patience and that you also keep us in your prayers.
The peace and grace of God be with you all.
Dr Wang Kai Yuen
Chairman