Ezra wants Perisai dispute resolved to prevent costly legal battle


File picture shows Perisai Petroleum

KUALA LUMPUR: A major shareholder of Perisai Petroleum Teknologi Bhd has signalled to the beleaguered oil and gas firm that it is willing to settle a current dispute over a share sale agreement (SSA) involving the sum of US$43mil (RM190.92mil).

Singapore-listed Ezra Holdings Ltd, which holds a 22.5% stake in Perisai, said that its subsidiary Emas Offshore Ltd (EOL) hopes to work towards resolving various issues relating to SJR Marine (L) Ltd, which is a 51:49 joint venture (JV) between Perisai and EOL.

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Business , perisai , ezra , oil , stocks , shares , debts , Emas , EOL ,

   

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