But that doesn't mean long term investors can avoid big losses. For example, after five long years the Sapura Energy Berhad (KLSE:SAPNRG) share price is a whole 53% lower. We certainly feel for ...

Malaysia's embattled oil and gas services company Sapura Energy is being investigated by the country's anti-corruption commission reportedly for activities in 2018. Sapura said in an announcement ...

KUALA LUMPUR, March 20 — Malaysian Anti-Corruption Commission (MACC) officers visited Sapura Energy Bhd’s (SEB) office at Menara PNB in Jalan Tun Razak today in relation to the two investigations ...

[KUALA LUMPUR] Once a crown jewel in Malaysia’s oil and gas sector, Sapura Energy is now teetering on the edge of collapse. It came into being as a result of a high-profile merger brought together by ...

Sapura Energy Bhd said it has not been contacted by the MACC regarding investigations into alleged bribery and fund misappropriation involving the company. Sapura Energy said it remains committed ...

Sapura Energy Bhd plays a key role in the O&G ecosystem as it obtains services from more than 2,000 vendors. The RM1.1 billion cash injection to Sapura Energy Bhd will help thousands of workers ...

Malaysia’s anti-corruption body has launched a probe into troubled oil and gas firm Sapura Energy as the government scrambles to contain public backlash over a proposed 1.1 billion ringgit (US$ ...

Sapura Energy has secured creditors’ approval for a debt restructuring plan to address RM10.8 billion owed to nine lenders, and RM1.5 billion in trade creditor payments. The government’s RM1.1 ...

PETALING JAYA: Officials from Sapura Energy Bhd will be called up as part of an investigation into the company, says the Malaysian Anti-Corruption Commission (MACC). Its chief commissioner Tan Sri ...

PETALING JAYA: Graft investigators have opened two investigation papers on Sapura Energy Bhd following allegations of corruption and misappropriation of funds, says the Malaysian Anti-Corruption ...

If you call a spade a spade, then the government’s move to inject RM1.1 billion into Sapura Energy Bhd is but a bailout. It’s not that bailouts are without their supporters. According to the ET, there ...