Liquidity concerns cloud Sapura

By DANIEL KHOO

KUALA LUMPUR: Sapura Energy Bhd will divest of some of its assets as early as next month to help resolve some of its immediate liquidity needs.

This confirms a StarBiz report in September that the group was in talks with several oil and gas (O&G) service providers for the sale of its assets.

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!
Sapura Energy , Mohd Anuar Taib , liquidity , reset ,

Next In Business News
Gagasan Nadi’s purchase of hostel management concessionaire turns unconditional
Tanco signs RM3.53bil EPC framework Smart AI Container Port
Malaysian firms win at Emerging Enterprise Awards 2025
SMRT to buy 37.5% stake in Singapore digital banking player
Ramssol appointed by MOT as JPJ collection agent
Ringgit steady against greenback ahead of Fed meeting tomorrow
Perak Transit lodges sukuk wakalah programme documents with SC
Quality concrete secures RM91.48mil road project
DRB-Hicom unit successfully acquires Spirit Aerosystem Malaysia
Coastal Contracts wins RM7.4mil charter contract

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.