The government must push the banks to accept a “haircut” on Sapura Energy Bhd’s debts and consider an asset-stripping exercise if necessary, says former Umno information chief Shahril Hamdan.
Sapura Energy Bhd plays a key role in the O&G ecosystem as it obtains services from more than 2,000 vendors. The RM1.1 billion cash injection to Sapura Energy Bhd will help thousands of workers ...
Malaysia’s anti-corruption body has launched a probe into troubled oil and gas firm Sapura Energy as the government scrambles to contain public backlash over a proposed 1.1 billion ringgit (US$ ...
KUALA LUMPUR: In response to news reports, Sapura Energy Bhd clarified that it has not been contacted to-date by the Malaysian Anti-Corruption Commission (MACC) regarding investigations into ...
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