Sapura's CEO survives ouster move


"We have brought this issue up many times but it

KUALA LUMPUR: Sapura Energy Bhd chief executive officer Tan Sri Shahril Shamsuddin survived a bid to oust him as a director amid unhappiness over his total pay package of RM71.92mil in the financial year 2018 ended Jan 31 (FY18).

At the company’s AGM yesterday, Shahril, who earns nearly RM200,000 a day, managed to stave off the move by the Employees Provident Fund (EPF) to remove him as Sapura Energy’s CEO.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Sapura Energy , remuneration , salary , Shahril , MSWG , EPF

Next In Business News

MIDA sees broader investment pipeline beyond data centres in 2026
Malaysia likely see net foreign equity inflow in 2026 amid rising investor confidence
Sarawak to introduce carbon levy on oil, gas and energy sectors
Astro to stop new Astro Fibre sign-ups from Feb 2026
5E Resources secures Bursa Malaysia nod for ACE Market listing
Ringgit ends higher as Trump-fed clash weakens the greenback
AirAsia X fully secures RM1bil private placement at RM1.65 per share
iCents wins RM9.12mil industrial facility contract
Rimbunan Sawit disposes of land for RM28mil
Agibot opens Malaysia’s first AI and robotics experience centre

Others Also Read