KUALA LUMPUR: Perisai Petroleum Teknologi Bhd has been classified as a Practice Note 17 (PN17) company after its unit Perisai Capital (L) Inc defaulted on S$125mil debt notes due on Oct 3.
KUALA LUMPUR: Cash-strapped Perisai Petroleum Teknologi Bhd and its joint venture partner, Emas Offshore Ltd (EOL) have received an indicative offer of financing from a financial institution.
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