Slowdown: Perisai Pacific 101 at a Singapore shipyard. The company has deferred delivery of its second jack-up rig Perisai Pacific 102.
Perisai had sought for extension to its bond maturity date
PETALING JAYA: Perisai Petroleum Teknologi Bhd has become the second casualty in the oil and gas debt markets as it faces the redemption of its S$125mil (RM377mil) bond which matured yesterday after noteholders voted to reject its restructuring plan.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
