Shares in Perisai rose by 11% to 5 sen yesterday, following an announcement by PPL Shipyard Pte Ltd that it had terminated contract to build the two jack-up drilling rigs worth US$419.50mil (RM1.79bil)
PETALING JAYA: Shares in oil and gas company, Perisai Petroleum Technology Bhd saw improved sentiment following news that it would not take delivery of two jack-up rigs from a unit of Singapore-listed Sembcorp Marine Ltd.
Shares in Perisai rose by 11% to 5 sen yesterday, following an announcement by PPL Shipyard Pte Ltd that it had terminated contract to build the two jack-up drilling rigs worth US$419.50mil (RM1.79bil).
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