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UPDATE ON APPLICATION BY EMAS OFFSHORE LIMITED TO BE PLACED UNDER JUDICIAL MANAGEMENT

The Board of Directors (the “Board”) of EMAS Offshore Limited (the “Company” and together with its subsidiaries, the “Group”) refers to its announcement on 22 July 2019 in relation to the Company’s application in the High Court of the Republic of Singapore (“Court”) on 19 July 2019 for inter alia an order that the Company be placed under judicial management pursuant to Section 227B of the Companies Act (Cap. 50, 2006 Rev Ed) (“Companies Act”) (“JM Application”).

The JM Application will be heard by the Court on 23 September 2019, 10am.

The Company will provide further updates

Source: UPDATE ON APPLICATION BY EMAS OFFSHORE LIMITED TO BE PLACED UNDER JUDICIAL MANAGEMENT

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