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Perisai's insolvency adds to gloom for M'sian oil & gas stocks

Friday, October 14, 2016 - 05:50

Kuala Lumpur

MOST oil and gas stocks finished in the red on Thursday, on fears they would follow on the heels of Perisai Petroleum Teknologi Bhd which declared itself insolvent on Wednesday after failing to meet its bond obligations.

Perisai slumped a further 7 per cent to seven

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