Sapura Energy said it has engaged advisors to evaluate and advise on this potential exercise, confirming a recent StarBiz Premium article.
PETALING JAYA: Sapura Energy Bhd
may need more time to return to the black despite recent contract wins.
CIMB Equities Research, which is retaining its “hold” call for the oil and gas stock, said Sapura Energy announced several contracts on April 12 with more likely to follow as it is in the process of bidding for many more contracts.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
