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Business 04 Oct 2016 | 12:00 AM

Bondholders say no to Perisai

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.

Business 26 Feb 2016 | 12:00 AM

Perisai posts net loss on impairments

PETALING JAYA: Oil and gas (O&G) service provider Perisai Petroleum Teknologi Bhd announced a net loss of RM724.59mil for the fourth quarter to Dec 31, 2015, from a previous profit of RM13.52mil, on the back of provisions for impairments of plant and equipment amounting to RM689.91mil.