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Sunday, January 13, 2013

Perisai Petroleum Teknologi Bhd (PPTB.KL)

Overview:
Perisai Petroleum Teknologi Bhd is an investment holding company. 
It operates in two segments: Marine vessel charter services and others. It provides solutions for topsides to subsea, from greenfields to abandonment. The Company’s subsidiaries are engaged in inspection and maintenance of plant and machinery used for the oil and gas industry; trading and application of specialist composites materials for oil and gas industry and hiring and chartering of vessels; leasing of a portable saturation diving system; design, fabrication and installation of relocatable incremental modular field development structure for topside and subsea, and bareboat charter of vessels. 
In January 2012, it acquired Garuda Energy (L) Inc. On April 26, 2012, it incorporated Intan Offshore (L) Ltd in Labuan Malaysia. 
In July 2012, it incorporated Perisai Offshore Sdn. Bhd. In August 2012, it announced that its subsidiary, Kingsburg International Trading Limited was deregistered with effect July 27, 2012.




Trading Plan:

Entry: RM 1.08
Profit: RM 1.16
Cut Loss: RM 1.06
RRR> 1:4



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