EMAS Offshore Limited announced that it has entered into a term-sheet for a private placement for gross proceeds of $50,000,000 on December 9, 2017. The transaction will involve participation from new investors including BT Investment Pte. Ltd. for a minimum of $25,000,000. Incase there is no other investor in the transaction, BT Investment Pte. Ltd. will invest $50,000,000. The transaction might include participation from Point Hope Pte Ltd.