Perisai advances to month's high of RM1.04 on new rig plan


KUALA LUMPUR: Shares of Perisai Petroleum Teknologi advanced to RM1.04 on Friday, the highest in a month, as investors were positive on its plans to buy a second jack-up rig for US$210mil as analysts expect strong earnings growth.

At 3.49pm, Perisai was up three sen to RM1.04. There were 4.59 million shares done at prices ranging from RM1 to RM1.04.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

   

Next In Business News

ECRL project contractor commences system installation works
FBM KLCI steps back 0.22%, VSTECS hits record
Asian FX muted on firm dollar, stocks fall; Malaysia holds rate
Oil rises on US crude storage draw, China imports show year-on-year gain
Over 400 units of Sunway Velocity 3 Homes Sold on Opening Weekend
Bank Negara holds OPR firm at 3%
Country Garden says it aims to pay onshore coupons due Thursday by May 13
China's exports and imports return to growth, signalling demand recovery
Hong Kong and Saudi Arabia explore funds to track Hong Kong stock indices
Oil rises on US crude storage draw, China imports show year-on-year gain

Others Also Read