KUALA LUMPUR: Trading in Perisai Petroleum Teknologi Bhd was halted for an hour until 10am on Monday after it announced a corporate exercise with EOC Ltd to buy a 51% stake of Emas Victoria (L) Bhd for US$89.25mil (RM271.81mil).
The corporate exercise also involved buying a 51% stake in in Victoria Production Services Sdn Bhd for a purchase consideration of RM51.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
