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Corporate News 22 Jan 2019 | 12:19 PM

Sapura Energy raises RM4bil via rights issue

PETALING JAYA: Sapura Energy Bhd has achieved its target to raise at least RM4bil from its rights issue exercise, even as some shareholders chose not to subscribe their portion of the shares.

Business 22 Dec 2018 | 12:00 AM

Short Position

Business news in brief.

Corporate News 07 Dec 2018 | 12:00 AM

Sapura Energy loss narrows

Higher revenue and forex gain help third-quarter results

Corporate News 06 Dec 2018 | 9:58 AM

Sapura Energy narrows net losses to RM31m in Q3, order book RM18.6b

KUALA LUMPUR: Sapura Energy Bhd's net losses narrowed to RM31.09mil in the third quarter ended Oct 31, 2018 and its outlook improved considerably with new contract wins year-to-date of RM8.5bil and its orderbook growing to RM18.6bil.

Corporate News 30 Nov 2018 | 12:00 AM

Sapura to sell stake in drilling division

SERI KEMBANGAN: Fresh from selling a stake in its exploration and production (E&P) arm, Sapura Energy Bhd is in talks with several parties to sell a stake in its drilling division.

Corporate News 29 Nov 2018 | 7:51 AM

Sapura Energy open to partnership for drilling segment

SERI KEMBANGAN: Sapura Energy Bhd is eyeing to sell some of its stake in its drilling business.

Corporate News 29 Nov 2018 | 12:00 AM

Sapura Energy units join Saudi Aramco’s LTA programme

PETALING JAYA: Sapura Energy Bhd’s wholly owned subsidiaries, Sapura Fabrication Sdn Bhd and Sapura Saudi Arabia, have been selected to join Saudi Aramco’s long-term agreement (LTA) programme that covers engineering, procurement, fabrication, transportation and installation (EPCI) contracts to support Saudi Aramco’s offshore projects.

Corporate News 28 Nov 2018 | 6:12 AM

Saudi Aramco picks Sapura Energy as LTA contractor

KUALA LUMPUR: Saudi Aramco has picked Sapura Energy Bhd's two units for the oil major's long-term agreement (LTA) programme after their successful qualification as a contractor.

Markets 10 Nov 2018 | 12:00 AM Premium

Sapura Energy seals OMV deal

WHEN Sapura Energy Bhd embarked on a restructuring exercise this year, it was the group’s main objective to pare its high debts.

Analyst Reports 27 Sep 2018 | 12:00 AM

Sapura Energy 'buy', V.S. Industry 'buy', Spritzer 'neutral', Pestech 'outperform'

SAPURA ENERGY BHD: PERMODALAN Nasional Bhd (PNB) is set to become Sapura’s largest shareholder with an equity stake of up to 40% (from 12% currently) following the completion of the group’s proposed renounceable rights issue of up to RM4bil