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Emas agrees to settle put option fight with Malaysian associate Perisai

It will pay up for 51% SJR stake if several conditions are met within a certain time limit


OILFIELD services provider Emas Offshore has settled a dispute with its Malaysian associate, Perisai Petroleum Teknologi Berhad, over a put option Perisai has exercised to oblige Emas to shell out US$43.03 million to buy over Perisai's entire 51 per cent stake in the two...

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