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Ezra unit EOL back in US$43.03m put option wrangle with Perisai

The put option Perisai held is tied to the sale of 51% stake in SJR Marine to EOL


THE offshore support vessel (OSV) unit of beleaguered group Ezra Holdings is seeking legal advice on a bid by Kuala Lumpur-listed Perisai Petroleum Teknologi Berhad to revive a put option obliging the former to buy a joint-venture stake at US$43.03 million.