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Perisai Capital served with winding-up application from noteholder

Benjamin Cher Published on Thu, Oct 27, 2016 / 6:32 PM GMT+8

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SINGAPORE (Oct 27): Perisai Capital, a subsidiary of beleaguered Malaysia-listed oil & gas outfit Perisai Petroleum Teknologi Bhd, announced that it has been served with a winding-up petition as the guarantor of the $700 million notes by Ravi Murarkar, holder of $15 million worth of notes.

Perisai Petroleum is an associate company of Singapore-listed Ezra Holdings.

(See also: Malaysia's pilgrim fund caught in Ezra associate's woes)