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Petronas denies speculation on merger between MHB, Sapura Energy

Petronas denies speculation on merger between MHB, Sapura Energy

Petronas said any investment or divestment is strictly guided by a board-approved and management-enforced framework.
Mon May 29 2023
Bursa Malaysia opens higher on renewed buying interest, positive regional market sentiment

Bursa Malaysia opens higher on renewed buying interest, positive regional market sentiment

The benchmark index opened 2.78 points firmer at 1,492.58.
Tue Sep 06 2022
Bursa opens slightly higher, but retreats thereafter

Bursa opens slightly higher, but retreats thereafter

The Fed is widely expected to deliver a 75 basis-point interest-rate hike at the end of its two-day policy meeting today.
Wed Jul 27 2022
Sapura Energy expects improved operating environment

Sapura Energy expects improved operating environment

Sapura Energy expects an improved operating environment in the year ahead amid continued global economic recovery.
Wed Jun 01 2022
Sapura Energy formulating regularisation plan to address PN17 status

Sapura Energy formulating regularisation plan to address PN17 status

Sapura Energy Bhd is formulating a regularisation plan to address its PN17 status in tandem with a proposed scheme of arrangement and will make monthly announcements on the progress.
Tue May 31 2022
Megat Zaharuddin resigns from Sapura Energy board

Megat Zaharuddin resigns from Sapura Energy board

Sapura Energy Bhd (SEB) today announced Tan Sri Megat Zaharuddin Megat Mohd Nor has resigned as an independent and non-executive director effective tomorrow.
Fri May 06 2022
[COLUMNIST] Technocratic legal bailout framework to arrest 'bailoutpreneurship'

[COLUMNIST] Technocratic legal bailout framework to arrest 'bailoutpreneurship'

The moral hazard risk abundant in the corporate world is multiplied times in the presence of government links and involvement.
Mon Apr 11 2022
Anwar takes up Najib's challenge on Sapura debate

Anwar takes up Najib's challenge on Sapura debate

Anwar said his stand on debates had been consistent the past 10 years.
Mon Apr 04 2022
Petronas denies report on taking stake in Sapura Energy

Petronas denies report on taking stake in Sapura Energy

Petroliam Nasional Bhd (Petronas) has categorically denied reports and speculations on purported "talks with the government on a proposal to take a significant stake" in Sapura Energy Bhd (SEB).
Fri Mar 25 2022
Sapura Energy seals RM10.3 bln debt refinancing

Sapura Energy seals RM10.3 bln debt refinancing

The MCF 2021 has a tenure of seven years and is guaranteed by Sapura Energy and material subsidiaries within the group.
Tue Mar 30 2021
Sapura Energy Unit secures Qatar pipeline project

Sapura Energy Unit secures Qatar pipeline project

It is Sapura Fabrication Sdn Bhd's third major contract win in the Middle East.
Mon Nov 16 2020
Sapura Energy refutes bribery involvement in Brazil deals

Sapura Energy refutes bribery involvement in Brazil deals

The company noted that it has a strict policy against bribery and corruption and has internal policies and procedures to mitigate this risk.
Thu Sep 24 2020
Sapura Energy catat keuntungan bersih RM24 juta pada suku kedua

Sapura Energy catat keuntungan bersih RM24 juta pada suku kedua

Ia adalah susulan daripada kerugian bersih RM4.56 bilion direkodkan bagi tahun kewangan berakhir 31 Jan, 2020.
Fri Sep 18 2020
Sapura Energy wins RM840 mln contracts in South America, Ivory Coast

Sapura Energy wins RM840 mln contracts in South America, Ivory Coast

This brings its total wins to-date in the financial year ending Jan 31, 2021, to RM1.6 billion.
Thu Sep 17 2020
Sapura Energy wins near RM1 bil worth of contracts

Sapura Energy wins near RM1 bil worth of contracts

Sapura Energy Berhad announced it has been awarded contracts with a combined value of approximately RM905 million.
Tue Feb 06 2018
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025
Sweden's top court rejects Greta Thunberg lawsuit on climate action

Sweden's top court rejects Greta Thunberg lawsuit on climate action

A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025