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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
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024
Judge tosses Trump 2020 election case after prosecutors' request

Judge tosses Trump 2020 election case after prosecutors' request

It represents a big legal victory for Donald Trump, who won the Nov. 5 US election and is set to return to office on Jan. 20.
Tue Nov 26 2024
DHL plane crash in Lithuania leaves authorities searching for answers

DHL plane crash in Lithuania leaves authorities searching for answers

Rescue services said the plane hit the ground, split into pieces and slid over 100 metres (110 yards).
Tue Nov 26 2024
National squad to hold friendly matches for 2025 Indoor Hockey World Cup

National squad to hold friendly matches for 2025 Indoor Hockey World Cup

The warm-up matches will involve matches against better ranked teams in the world, namely Austria (first) and Belgium (third).
Tue Nov 26 2024
G7 seeks unity on ICC arrest warrant for Netanyahu

G7 seeks unity on ICC arrest warrant for Netanyahu

The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.
Tue Nov 26 2024
Francissca Peter remembers Tan Sri Ahmad Nawab: A tribute to a musical legend

Francissca Peter remembers Tan Sri Ahmad Nawab: A tribute to a musical legend

A legend who has influenced our music for decades, was one of the highlights of my career, says Francissca Peter.
Tue Nov 26 2024
TikTok decision coming soon as Jan. 19 divestment deadline looms

TikTok decision coming soon as Jan. 19 divestment deadline looms

Judges are reviewing TikTok's challenge to a law requiring ByteDance to sell its US assets by Jan. 19 or face a ban.
Tue Nov 26 2024