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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.
KUALA LUMPUR: Tan Sri Shahril Shamsuddin, the founder of Sapura Energy Bhd, is retiring from his executive post in March after spending 25 years leading the oil and gas company.
KUALA LUMPUR: Sapura Energy Bhd posted its second straight quarterly net profit on improved operating metrics from its Engineering & Construction (E&C) division.
KUALA LUMPUR, July 3 (Bernama): The outlook for oil prices outlook will continue to be uncertain, largely driven by the double jeopardy of a slowdown in demand and unabated supply from producers, said Sapura Energy Bhd.
PETALING JAYA: Sapura Energy Bhd, which announced a plan to cut 20% of its workforce last week, has returned to profitability in the first quarter ended April 30.
PETALING JAYA: Sapura Energy Bhd will be laying off 20% of its full-time staff worldwide, as it anticipates the economic slowdown caused by the Covid-19 pandemic, as well as oil price volatility, to affect its financial strength.
KUALA LUMPUR: Sapura Energy Bhd said on Thursday it would lay off 800 full-time employees worldwide, joining its global peers in seeking to reduce cost as the industry continue to struggle with weak oil prices and the economic fallout from the Covid-19 pandemic.
KUALA LUMPUR: Stocks to watch on Monday include Bursa Malaysia Bhd, CapitaLand Malaysia Mall Trust (CMMT), George Kent (M) Bhd, JAG Bhd and Sapura Energy Bhd, according to JF Apex Research.