Wednesday 19 October 2016

Stock Investment Signals : Ezra may reassess investment in Bursa Malaysia-listed Perisai .

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Ezra Holdings said it might need to reassess its interest in Bursa Malaysia-recorded Perisai Petroleum Teknologi as it looks for waivers from bondholders on some of its obligation contracts in the midst of "solid headwinds" from low oil costs, powerless sanction rates and industry overcapacity. 

The Singapore-recorded oil-benefit supplier held a 23.01% stake in Perisai as at March 31.

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