Media Releases
SAPURA ENERGY SECURES RM1.3 BILLION NEW WINS, INCLUDING FIRST CONTRACT FOR THE ROYAL AUSTRALIAN NAVY AND ENTRY INTO EGYPT
Date: 12.04.2019.

Sapura Energy Berhad (Sapura Energy) registered a strong start to its financial year with five new contracts valued at approximately RM1.3 billion for its Engineering and Construction as well as Drilling segments. Among the new wins is the Submarine Rescue Service contract for The Royal Australian Navy, which is a first undertaking for the Group. Sapura Energy also marked a new entry into Egypt for works in the Gulf of Suez, along with other wins across Malaysia and Indonesia.

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SAPURA ENERGY REGISTERS FY19 PROFIT-AFTER-TAX ON DISPOSAL GAIN, DECLARES SPECIAL DIVIDEND
Date: 25.03.2019.

Sapura Energy Berhad (Sapura Energy) posted a profit-after-tax and minority interest of RM208 million for the financial year ended 31 January 2019 (FY19), compared to a loss-after-tax and minority interest of RM2.5 billion in the previous year (FY18). This included a gain of RM2.7 billion from the sale of 50 per cent stake in its Exploration and Production (E&P) business, through the strategic partnership with OMV, and a provision for impairment of RM1.5 billion, primarily for Drilling, and Engineering and Construction (E&C) assets. In addition, the Group has declared a special dividend of 0.5 sen per share.

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SAPURA ENERGY SHAREHOLDERS APPROVE E&P STRATEGIC PARTNERSHIP WITH OMV
Date: 29.01.2019.

Shareholders of Sapura Energy Berhad (Sapura Energy) overwhelmingly supported the proposed 50:50 strategic partnership with Austria’s OMV Aktiengesellschaft (OMV AG) at the Extraordinary General Meeting today. The 99.98 per cent approval from shareholders today gives certainty to the completion of the transaction.

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SAPURA ENERGY SUCCESSFULLY RAISES RM4 BILLION FROM RIGHTS ISSUE
Date: 23.01.2019.

Sapura Energy Berhad (Sapura Energy) has successfully raised approximately RM4 billion from its rights issue exercise which closed on 16 January 2019. The Group received 8,138,379,841 of valid acceptances and excess applications for its rights shares with warrants, representing a subscription rate of 81.5 per cent. For its Islamic redeemable convertible preference shares (RCPS-i), the Group saw just above 100 per cent of valid acceptances and excess applications.

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SAPURA ENERGY SECURES RM760 MILLION IN CONTRACT WINS ACROSS SERVICES SEGMENT
Date: 7.01.2019.

Sapura Energy Berhad (Sapura Energy) has secured RM760 million in contract wins for its Drilling and Engineering & Construction businesses. The latest achievements have lifted the value of contract wins to RM9.3 billion for its current financial year. The company’s growing order book will see a higher utilisation of its assets as it gears up for long-term growth across its Services segment.

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SAPURA ENERGY TURNS THE CORNER WITH PROFIT IN Q3 FY19
Date: 6.12.2018.

Sapura Energy Berhad (Sapura Energy) registered a profit-before-tax of RM40.3 million for the third quarter ended 31 October 2018 (Q3 FY2019), which is higher by RM250.0 million compared to a loss-before-tax of RM209.7 million in Q3 FY2018. This is the first profit recorded by the Group since Q2 FY2018. The Group’s revenue rose by approximately 17 per cent to RM1.5 billion for the quarter under review from RM1.3 billion in the corresponding quarter of the preceding year, mainly attributed to the higher revenue from its Engineering and Construction (E&C) as well as Exploration and Production (E&P) business segments.

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SAPURA ENERGY SHAREHOLDERS GIVE VOTE OF CONFIDENCE FOR GROWTH
Date: 29.11.2018.

Shareholders of Sapura Energy Berhad voted overwhelmingly to subscribe to the group’s rights issue and support its growth plans at the Extraordinary General Meeting (EGM) today. In a significant vote of confidence, shareholders passed all six resolutions in conjunction with the proposed rights issue, which entails raising up to RM4 billion.

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