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RIO DE JANEIRO/LONDON: Debut trading in Hygo Energy Transition Ltd was suspended on Thursday hours after the liquefied natural gas transport and infrastructure operator's chief executive was named in a corruption investigation in Brazil.
Tan Sri Shahril Shamsuddin, the president and CEO of Sapura Energy Bhd is retiring in March next year and will be replaced by Datuk Mohd Annuar Taib, the oil and gas company said on Monday.
KUALA LUMPUR: Sapura Energy Bhd has refuted recent news of any involvement in any form of bribery or corruption in its business dealings in Brazil and anywhere else in the world.
KUALA LUMPUR: The FBM KLCI opened on shaky footing on Thursday as growing political uncertainty and a sell-off in US markets weighed on investor sentiment.
RIO DE JANEIRO: Brazilian and Dutch police executed dozens of search warrants on Wednesday as part of a corruption probe into offshore oil rig company Seadrill Ltd and Malaysia's Sapura Energy Bhd, as Brazil's famed 'Car Wash' corruption investigation eyes an increasing number of international firms.
KUALA LUMPUR: Shares in Sapura Energy Bhd fell in early trade Tuesday following its president and chief executive officer (CEO) Tan Sri Shahril Shamsuddin surprising retirement plan.
KUALA LUMPUR: Stocks to watch on Tuesday include banking stocks, MMAG Holdings Bhd, Green Packet Bhd, Sapura Energy Bhd, Superlon Holdings Bhd and Scientex Bhd, according to JF Apex Research.