The US Bankruptcy Court gave an order approving the certain assets of Ezra Holdings Limited on June 26, 2018. The debtor has been authorized to sell certain assets to Sapphire Star Pte Ltd, the stalking horse bidder for a purchase price of SGD $2.93 million (USD $2.19) cash pursuant to the asset purchase agreement dated June 4, 2018. The debtor’s assets include real property located at 20 Ubi Crescent, Ubi Techpark, Singapore.