KUALA LUMPUR: Sapura Energy Bhd ’s external auditors Messrs. Ernst & Young PLT (EY) issued an unqualified audit opinion with a material uncertainty related to going concern in the independent ...

Sapura Energy on Wednesday announced its proposed Regularisation Plan, which is aimed at facilitating the company’s exit from Practice Note 17 (PN17) status and returning the group to a stronger ...

At the heart of the investigation is alleged money laundering involving Sapura Energy shares valued at more than 500 million ringgit ($116.3 million). The focus is on suspected corruption related ...

Gordon Moffat, from Buckhaven, in Fife, died on the Magellan rig in October 2000. He had been an assistant derrickman on the rig - operated by Global Santa Fe - which was working in the Franklin field ...

KUALA LUMPUR, May 9 — Sapura Energy Bhd (SEB) has assured its clients, partners and stakeholders that its operations and financial activities, including access to the group’s bank accounts, remained ...

KUALA LUMPUR: Sapura Energy Bhd has assured its clients, partners, and stakeholders that it is not involved in the investigation by the Malaysian Anti-Corruption Commission (MACC), despite recent ...

The Malaysian Anti-Corruption Commission is investigating a corporate figure with a Tan Sri title for allegations of money laundering believed to be linked to Sapura Energy Bhd’s shares, amounting to ...

Even more troubling are cases that challenge basic business logic. In 2018, when Sapura Energy incurred a net loss of RM2.5 billion, the CEO, Tan Sri Shahril Shamsuddin, received a total remuneration ...

Some corporations had to rely on the government to pay off their debt to prevent them from going bankrupt, as in the case of Sapura Energy, whose total borrowings as of the end of January 2025 were a ...

KUALA LUMPUR, May 8 — The Malaysian Anti-Corruption Commission (MACC) is investigating a corporate figure with the honorific title “Tan Sri” over allegations of money laundering involving RM500 ...