The board of directors of Ezra Holdings Limited announced that Ezra has incorporated an indirect subsidiary company known as EMAS CHIYODA Subsea Limited in United Kingdom, with a paid up capital of USD 2, comprising of 2 ordinary shares of USD 1 each. The sole member of ECSL is EMAS-AMC Holdings Pte Ltd, which is in turn a wholly-owned subsidiary company of Ezra. The principal activity of ECSL is investment holding and ECSL will be the holding vehicle of the Subsea Services business.