Ezion Holdings Limited operates in the Oil and gas field services sector. Ezion Holdings Limited is an investment holding company, engaged in the provision of management services to its subsidiaries. The Company, through its subsidiaries operates in two segments: chartering and offshore support services, which is engaged in vessel and oil and gas related assets chartering, and marine services, which is engaged in procurement of equipment and provision of management and engineering services. The Company's subsidiaries included, Teras 339 Pte Ltd, Teras 3652 Pte Ltd, Teras Conquest 2 Pte Ltd, Teras Conquest 3 Pte Ltd, Teras Conquest 4 Pte Ltd, Teras Conquest 5 Pte Ltd, Teras Atlantic Pte Ltd, Teras Pacific Pte Ltd and Meridian Maritime Pte Ltd. During the year ended December 31, 2010, the Company disposed of 51% and 80.1% interests in Teras Conquest 1 Pte Ltd and Teras Cargo Transport, respectively. In
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