Oil ang gas companies will make big money, now OPEC will extend and deepin the cut, oil price secure above 60 usd for whole next year,,Perisai will have to benefit from that,, all his fleet can be contracted..no reason to dekist the company when tge market is picking up...what fool can do that?,,,not perisai shareholders.
Dept Restructering plan should be almost ready,,hope all good news. Those who give warning in this counter they are after your share,,i recommend hold. Operator are trying to scare you to sell below 0.045... if the restructering plan to fail, you will see high sale volume, which is not the case here..
The Board of Directors of the Company wishes to announce that on 15 May 2017, a Winding-Up Petition pursuant to Section 218 of the Companies Act, 1965 together with a copy of the Affidavit Verifying Petition (“the said Winding-Up Petition”) has been served on Perisai Pacific 102 (L) Inc (“Perisai Pacific”), a subsidiary of Perisai Drilling Holdings Sdn Bhd (a wholly-owned subsidiary of Perisai Petroleum Teknologi Bhd) by Messrs Yeoh & Joanne, the Solicitors who act on behalf of Tech Offshore Marine (S) Pte Ltd (“Tech Offshore”) demanding for the payment of the total outstanding sum owing by Perisai Pacific to Tech Offshore amounting to USD178,636.00.
The Winding-Up Petition was presented to the High Court of Sabah and Sarawak in the Federal Territory of Labuan.
The Company wishes to announce that it will defend these proceedings and will contest any winding-up proceedings that may be initiated.
As the alleged debt has been incorporated in the financial statements, the financial impact from the winding-up proceedings is the loss of investment in Perisai Pacific. There is no impact on the operation of the Group.
The Company is seeking the necessary legal advice to resolve and/or defend against the above matter.
Further announcement on the developments of the above matter will be made to Bursa Malaysia Securities Berhad in due course.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Shines
2,824 posts
Posted by Shines > 2017-10-08 13:01 | Report Abuse
Betta68, I salute your confidence you have on Perisai. Cheers