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Perisai Petroleum Teknologi Bhd (PPTB.KL)

PPTB.KL on Kuala Lumpur Stock Exchange

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24 Mar 2017
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Wed, Oct 12 2016

BRIEF-Perisai Petroleum Teknologi responds to Bursa Malaysia query on solvency

* co will not be able to meet payment of principal and interest of notes when same is demanded. As such, co is insolvent

UPDATE 1-Malaysia's Perisai defaults on bonds after failing to get extension

KUALA LUMPUR, Oct 4 Perisai Petroleum Teknologi Bhd defaulted on a S$125 million ($91.3 million) bond after noteholders rejected the Malaysian oil and gas service provider's request for a four-month extension on the maturity date.

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