欧博百家乐网址（www.allbet8.vip）:Sapura Energy owners’ stake increase a good sign

欧博百家乐网址（www.allbet8.vip）是欧博集团的官方网站。欧博百家乐网址开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

KUALA LUMPUR: Sapura Energy Bhd’s (pic) group chief executive officer (CEO) and a major shareholder’s move to raise their stakes in the Practice Note 17 (PN17) company is a positive sign for existing shareholders and the financially distressed oil and gas support service provider, according to BIMB Securities Research analyst Azim Faris Abdul Rahim.

“It shows they still have skin in the game to make sure Sapura Energy’s debt restructuring programme will be a success.

“Its tender rig business is poised to record further improvement in the second half of financial year 2023 or FY23 (ending Jan 31) with the utilisation rate likely to reach 80% by end-FY23 with 11 working rigs as compared to the current eight rigs (based on management guidance),” said Azim Faris.

Based on Sapura Energy’s Bursa Malaysia filings on Aug 3, 2022, Sapura Energy’s group CEO and executive director, Datuk Mohd Anuar Taib, bought one million shares in the company at 4.5 sen per share, bringing his direct stake to 2.2 million shares or 0.014%.

Based on Sapura Energy’s Bursa Malaysia filings on Aug 3, 2022, Sapura Energy’s group CEO and executive director, Datuk Mohd Anuar Taib, bought one million shares in the company at 4.5 sen per share, bringing his direct stake to 2.2 million shares or 0.014%.

新二皇冠最新手机登录（www.hg108.vip）实时更新发布最新最快最有效的新二皇冠最新手机登录网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

On July 27, 28 and 29, Amanah Saham Bumiputera (ASB) bought a total of 290.13 million shares in Sapura Energy, thus raising its direct stake by almost 3% to 30.08%.

The buying by ASB was on the heels of Sapura Energy’s 11th AGM on July 28. Sapura Energy are trading at near historic lows and closed at 4.5 sen yesterday.

Permodalan Nasional Bhd (PNB) and its associated funds emerged as the single largest shareholder with a 40% stake, stated Sapura Energy in January 2019.

Azim Faris said strong demand in the rig market and fresh contract wins would give the global integrated energy services and solutions provider an advantage to convince debtholders to accept the proposed restructuring plan.

Sapura Energy’s group CEO Mohd Anuar was reported to have said the group would meet the March 10, 2023 deadline to resolve the scheme of arrangement (SOA) regarding its debt restructuring.

The analyst does not see the possibility of PNB attempting to take the group private given the huge debt carried on its balance sheet. “The key focus now remains on the SOA and to exit its PN17 status,” Azim Faris told StarBiz.