Sapura Energy's RM1.1bil injection includes management changes


PUTRAJAYA: Due diligence and conditions including a complete restructuring of Sapura Energy Bhd's top management were conducted before the RM1.1bil capital injection into the company, says Prime Minister Datuk Seri Anwar Ibrahim.

Anwar - who is also the Finance Minister - said the new capital injection provided by the government, amounting to RM1.1bil, was specifically for the payment of SEB's debts to vendors.

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