Perisai Petroleum slips to low of RM1.26


KUALA LUMPUR: Shares of Perisai Petroleum fell to a low of RM1.26 on Wednesday on news about the non-extension of its mobile offshore production unit (MPOU), which prompted a research house to cut its target price.

At 10.40am, it was down four sen to RM1.30. There were 4.07 million shares done at prices ranging from RM1.26 to RM1.31.

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