Double blow for Perisai


Perisai Petroleum's maiden jack-up drilling rig Perisai Pacific 101 at PPL Shipyard in Singapore.

THE year had been tough for Perisai Petroleum Teknologi Bhd as the company dipped into the red in the first quarter dragged down by two of its major assets that are still out of job.

This double blow contributed to the stock’s 7.8% decline year-to-date.

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