Sapura Energy shareholders approve RM4 bil cash call
Date: 30.11.2018.

Sapura Energy Bhd has received shareholders’ approval for its proposed rights issue to raise RM4 billion to trim its debts. Shareholders voted overwhelmingly to subscribe to the group’s rights issue and support its growth plans at the extraordinary general meeting (EGM) today.

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Sapura Energy wins RM1.75bil new jobs in Malaysia and Mexico
Date: 27.11.2018.

Sapura Energy Bhd has secured new contracts worth RM1.75bil for jobs based in Malaysia and Mexico, lifting its order book to RM18bil. The new contracts also bring the integrated oil and gas services and solutions provider’s total contract wins for the current financial year-to-date to RM7bil.

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Sapura Energy expects to be profitable by FY20
Date: 12.11.2018.

Sapura Energy Bhd is upbeat about returning to the black in the financial year ending January 31, 2020 fuelled by increasing orderbook, reduction in annual interest debt and higher oil and gas (O&G) production.

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