EMAS Chiyoda Subsea (ECS) subsidiary EMAS-AMC is facing a winding up order by an Africa-focused logistics firm.
Necotrans Singapore Pte filed the application with the High Court of the Singapore on 6 February 2017, according to a regulatory disclosure.
The winding up application against EMAS-AMC has been fixed for hearing on 3 March 2017, the Singapore Stock Exchange filing showed.
ECS is a subsea joint venture between Ezra Holdings with a 40% stake and Chiyoda Corp and NYK with stakes of 35% and 25% respectively.
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