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SAPURA Energy Bhd is on the verge of bankruptcy, only three weeks shy of the 10-year anniversary of the mega-merger between SapuraCrest Petroleum Bhd and Kencana Petroleum Bhd, which created SapuraKencana Petroleum Bhd in mid-May 2012. Its name was changed to the current one at end-March 2017.
- How Sapura Energy got into the mess it is in - The Edge Malaysia
Sapura Energy Bhd is on the verge of bankruptcy, only three...
- How Sapura Energy got into the mess it is in - The Edge Malaysia
Sapura Energy Bhd is on the verge of bankruptcy, only three weeks shy of the 10-year anniversary of the mega-merger between SapuraCrest Petroleum Bhd and Kencana Petroleum Bhd, which created SapuraKencana Petroleum Bhd back in mid-May 2012.
Mar 7, 2024 · Sapura Energy Bhd and its 22 wholly-owned subsidiaries have been granted new convening and restraining orders by the High Court today for three months from March 11.
Mar 20, 2022 · PETALING JAYA: Najib Razak has urged the government to protect Sapura Energy Bhd from bankruptcy by providing loans or instructing Petronas or Khazanah Nasional to take over ownership from...
- FMT Reporters
Dec 13, 2023 · Dec 13 (Reuters) - Malaysia's Sapura Energy (SAEN.KL) said it had received confirmation that at least 75% of financiers of its 10.3 billion ringgit ($2.19 billion) multi-currency financing...
Jun 7, 2023 · KUALA LUMPUR: Sapura Energy Bhd and its 22 subsidiaries have been granted an extension of nine months for the convening and restraining orders by the High Court.
Sapura Energy Bhd yesterday said it has been given three more months by the Corporate Debt Restructuring Committee (CDRC) to come up with a resolution for its debt issues.