Stock News: KS Energy and Ezra Holdings joining venture for 95 mln sgd!

KS Energy Services Ltd and Ezra Holdings Ltd may gain on their joint venture deal to acquire a self-propelled rig that will be chartered to a US oil company for 95 mln sgd over five years. KS Energy will supply the parts and equipment and other procurement services needed to support the rig's operations. KS Energy closed 0.02 sgd higher at 2.45, while Ezra was up 0.05 at 2.75 yesterday.