July 2014 picture shows a Perisai Petroleum Teknologi Bhd maiden jack-up drilling rig, Perisai Pacific 101 at PPL Shipyard in Singapore -
KUALA LUMPUR: Perisai Petroleum Teknologi Bhd said it has regained the right to sell its 51% stake in SJR Marine (L) Ltd, a ship charterer jointly controlled with Singapore-listed Emas Offshore Ltd (EOL) following the lapse of a settlement agreement with EOL.
In a filing with Bursa Malaysia yesterday, it said this was because the final deadline to satisfy the conditions precedent under the settlement deal had passed.
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