Ezra Holdings Limited intends to divest the assets which are held by the holding company and will be transferred to a trust as part of the Ezra’s debt restructuring court filing in the US. The court filing also qualified that Ezra may at best yield insignificant recoveries for its creditors from its interests held in two key business units, Emas Offshore Ltd (EOL) and Emas Chiyoda Subsea (ECS).