Perisai Petroleum, JV partner get financing offer

By AFIQ ISA

This follows rejection of RM377mil bond restructuring plan

PETALING JAYA: Perisai Petroleum Teknologi Bhd and joint-venture (JV) partner Emas Offshore Ltd (EOL) have received an indicative offer of financing from a financial institution, following the rejection of Perisai’s initial restructuring plan by bondholders for its S$125mil (RM377mil )medium-term notes (MTN).

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , perisai , oil , bonds

Next In Business News
IMF evaluation reflects Malaysia’s strong economic fundamentals, economists say
MATRADE appoints Abu Bakar Yusof as CEO
Ringgit poised to see profit-taking after hitting near six-year high vs greenback
The illusion of beat estimates
Racing to deliver
Green stocks are big winners
Asia in US$200bil complex investment�revival
EU dilutes green disclosure rules
Can Nilai become an AI mega hub?
Thematic guide to investments in 2026

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.