Sapura Energy sees deal with creditors following court extension to restructure debts
Cash-strapped Sapura Energy Bhd (KL:SAPNRG) said it expects to agree to a scheme of arrangement with its creditors by achieving a majority support in a court-convened meeting.
Sapura Energy Gets Nine More Months Till March 2025 to Restructure Debts
The High Court has granted Sapura Energy Bhd (KL:SAPNRG) a nine-month extension to the convening and restraining orders that the group obtained from the court in March 2024, to allow it to continue to work out a debt restructuring scheme with its creditors.
Sapura Energy Seeks More Time to Submit PN-17 Regularization Plan
Sapura Energy (KLSE:SAPNRG) is seeking a further extension of time of six months from Bursa Securities — from May 31 until Nov. 30 — to submit its Practice Note 17 (PN17) regularization plan to the re
Sapura Energy's JV Firms Get Deals Worth $1.8 Billion
Sapura Energy (KLSE:SAPNRG) said its joint venture entities — Seabras Sapura and Seabras Sapura Participacoes —clinched deals worth $1.8 billion for its six multi-purpose pipe-laying support vessels.
Sapura Energy's JVs win US1.8b worth of contracts in Brazil
Sapura Energy Bhd’s joint venture companies (JVCos) have bagged contracts worth US$1.8 billion (RM8.53 billion) to provide engineering services and the charter of six pipe-laying support vessels.
Sapura Energy to Provide Underwater Services for PETRONAS
Sapura Energy (KLSE:SAPNRG) unit Sapura Subsea Services bagged a deal to provide underwater services for PETRONAS Group of Companies and petroleum arrangement contractors. The contract was awarded by
Sapura Energy Bags Underwater Service Contract From Thai-owned PTTEP Group
Sapura Energy Bhd has landed a five-year contract from PTTEP Sabah Oil Ltd and PTTEP Sarawak Oil Ltd to provide underwater services.
Sapura Energy Not Out of the Woods, Market to Closely Watch Ex-SapuraOMV Earnings, Debt Recapitalisation Moves
While Sapura Energy Bhd has resolved one key condition of its reset plan, analysts maintained their recommendations on the group, as an arduous journey remains to address its balance sheet position.
Eyes on Sapura Energy Ahead of Material Announcement
KUALA LUMPUR (April 22): Investors of Sapura Energy Bhd await the material announcement hinted at last Friday's noon break by the oil and gas (O&G) services company, which is in the midst of formulating a regularisation plan to address its Practice Note 17 status.
Sapura Energy to Provide Pan-Malaysia Underwater Services for PETRONAS
Sapura Energy (KLSE:SAPNRG) unit Sapura Subsea Services bagged a deal to provide Pan Malaysia underwater services for PETRONAS Group of Companies and petroleum arrangement contractors. The contract wa
Sapura Energy Seeks Renewal of Revenue-Generating Transaction Authority
Sapura Energy (KLSE:SAPNRG) is seeking to renew its authorization to conduct revenue-generating transactions at its upcoming annual general meeting, according to a filing with Bursa Malaysia on Thursd
Malaysian Shares Rebound as Investors Shrug Inflation Data; Sapura Energy Surges 25% as Losses Shrink
Malaysian stocks staged a comeback on Tuesday, shrugging off concerns sparked by Monday's higher-than-expected inflation data. The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained
Sapura Energy Trims Losses in Fiscal Q4; Shares Surge 13%
Sapura Energy's (KLSE:SAPNRG) loss attributable to owners dropped to 728.4 million ringgit in the fiscal fourth quarter ended Jan. 31, from 3.26 billion ringgit a year earlier, according to a Monday f
Sapura Energy Berhad (KLSE:SAPNRG Investor Five-year Losses Grow to 88% as the Stock Sheds RM184m This Past Week
Sapura Energy Gets Standstill Period for Financiers Extended Till June 10
Financially troubled Sapura Energy Bhd has been granted a three-month extension by the Corporate Debt Restructuring Committee (CDRC) to push the deadline of its standstill period, which shields it from actions from its multi-currency financing (MCF) creditors, to June 10.
Sapura Energy Declares Mexican Unit Bankrupt
Sapura Energy (KLSE:SAPNRG) declared its Mexican unit, Sapura Energy Mexicana Sociedad Anónima Promotora de Inversión de Capital Variable, bankrupt, according to a Friday filing. The Second District
Sapura Energy's Fiscal Q3 Profit Surges Threefold
Sapura Energy (KLSE:SAPNRG) posted a profit attributable to owners of 30.9 million ringgit in the fiscal third quarter ended Oct. 31, surging from 10.2 million ringgit a year earlier. Earnings per sha
Sapura Energy's 3Q Profit More Than Doubles, Lifted by Associates, JVs and Forex Gain
Sapura Energy Bhd posted a net profit of RM30.89 million for its third quarter ended Oct 31, 2023 (3QFY2024) — more than double the RM10.18 million it recorded a year earlier — boosted by higher share of profits from associates and joint ventures (JVs), and an increase in foreign exchange (forex) gain.
Is Sapura Energy Berhad (KLSE:SAPNRG) Trading At A 28% Discount?
Investors in Sapura Energy Berhad (KLSE:SAPNRG) Have Unfortunately Lost 86% Over the Last Five Years
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