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 auditors’ report for the financial year ended Jan 31, 2025.
In a filing with Bursa Malaysia, Sapura Energy said its auditor highlighted that the group’s current liabilities exceeded its current assets by RM11.2bil and RM4.3bil respectively, and noted that the group is facing severe liquidity constraints.
