Daily news - 22 May

Ezra raises $92.4m from share placement
Ezra Holdings, which provides support and marine services, has raised gross proceeds of about $92.4 million by placing out 78 million new shares at $1.185 each. In a statement, the group said the new shares represent some 13.4 per cent of its existing share capital of 579.9 million shares, and the issue price is a discount of about 6.25 per cent to its average five-day closing price of $1.264 from May 14 to May 20.

Source: Kim Eng