PETALING JAYA: The sell-off in shares of Perisai Petroleum Teknologi Bhd continues, following the offshore service provider’s default of its bond repayment and further uncertainties on whether a new financing offer will materialise.
Perisai was down 0.5 sen to 8.5 sen on volume of 108 million shares yesterday. The company’s share price has tumbled by some 70% on a year-to-date basis.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!