IFR reported that the company, owned by Ezra Holdings of Singapore, is selling stock worth between SGD 214m and SGD 254m, citing banking sources.

The company plans to sell up to 210m shares, with each priced in a range between SGD 1.02 and SGD 1.21.

Ezra said last week that EOC had filed its listing prospectus.

It will become the first company with dual listings in Norway and Singapore to raise money from the process.

Earlier