At the AGM, the Management indirectly mentioned that it needed more time to sort out P Kamelia's issue. They have done what they possibly could do to have P Kamelia released. When it will be released is now with the court. We can expect another extension, if Bursa agrees to it.
So far i never seen any extension provided before.. when bursa gave for the first time for perisai... It shows the potential perisai have.. but to be noted perisai is the first o&g stock to go until this extend too according to the news.. read it in the star on the day of suspension..
@fastranger & @ronaldolow5479... Whatever said thus far, I am still very confident Perisai will not be de-listed come Dec 31st. It will however continue to be suspended...I have to admit Perisai is very ill without Perisai Kamelia.
@fastranger... Towards the end of 2014, the world crude oil plunged which saw a major pull-back in investment in the O&G industry worldwide. Petronas too postponed it's investment in Canada. During such economic downturn it is only natural to see companies involved in the O&G go into financial difficulties. Perisai being one of the companies. I embrace distress companies caused by economic downturn & will continue to have confident in them through their challenges. Cheers
He definitely have something.. if not got ppl always visit this page mehh... Just so caring to save others... I think he bought at high price and rush to sell when they announce suspension.. n now hoping he made the right damn stupid decision.. hahaahha
@ronaldolow5479... At the AGM it was stated that the regularisation plan must include the business contribution of P Kamelia. We know that she currently being detained. Perisai are currently waiting for her release. The deadline is getting nearer. Since every efforts have been made, I can only see Perisai appealing for the extension of suspension instead of immediate de-listing. Cheers
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