SGX-listed Ezra Holdings may relook investments in Malaysia's Perisai Petroleum

SGX-listed Ezra Holdings may relook investments in Malaysia's Perisai Petroleum

Visual from the company website. August 2015

Singapore-listed oil service provider Ezra Holdings may need to consider its investments in Malaysia’s Perisai Petroleum Teknologi after the latter declared itself insolvent amid a default on $89.6 million (SGD125 million) bond, a situation it has said were due to headwinds in the oil and gas sector.

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