Believe both political and guts feels SE won't PN17 too much pressure but BNM also steps up support!!! Apa takut bossku ? Guess if PN17 lifted this counter will suspend ...awaiting orders from the TOP .

Bankers here to make money by lowballing TP to Naive billis or weak holders to throw at loss at cheapest

Relax and chill ...throw on great news buy and buy higher later...business as usual ....steady lar SE

https://www.thestar.com.my/business/business-news/2022/09/05/sapura-energy-cdrc-to-mediate-debt-revamp-with-lenders-operations-to-run-as-usual

Positive news to spur put of PN17 status soon ...woo hoo

https://oilprice.com/Energy/Crude-Oil/Offshore-Oil-And-Gas-Set-For-Robust-Growth.html

Useless...don't buy into a trap

RIGS/VESSELS
Petrobras extends charter for Sapura pipelay vessel
Aug. 10, 2022
Petrobras has extended by two years a charter and service contract in Brazil for Sapura Energy’s Sapura Esmeralda pipelay support vessel.
Courtesy Sapura Energy
Sapura Esmeralda is a Brazilian flag vessel with 300-ton capacity and has a hangar dedicated to ROVs. ​
Sapura Esmeralda is a Brazilian flag vessel with 300-ton capacity and has a hangar dedicated to ROVs. ​
Offshore staff

KUALA LUMPUR, Malaysia — Petrobras has extended by two years a charter and service contract in Brazil for Sapura Energy’s Sapura Esmeralda pipelay support vessel.

The extension was awarded to Sapura Navegação Marítima, a wholly owned subsidiary of Seabras Sapura Participações, which is in turn a joint venture company between Sapura Offshore and Seabras Serviços De Petroleo.

The new agreement, which took effect on Aug. 2, is valued at about RM580 million (US$130.1 million) and includes the provision of services and charter of installation and recovery of flexible pipes in Brazilian waters in a maximum water depth of 2,500 m.

Sapura’s Engineering & Construction division operates six pipelay vessels in Brazil, with a utilization rate of about 95%.

08.09.2022

PN17 status is to create fear so can collect from weak holders. Ask why insider Big Funds or BOD still buy if bankrap soon ...how to explain when audit performed ? Think - think

This BN Kek getting more toppings and bigger at 0.05 . Have you tasted it ?

Kek kek 1 Msia …mari mari …apa malu pulak tu ?

Rileks can collect peanuts also collectlar ...later BN gonna throw in some toppings on top of this cake. That's when you can earn your KFC meals here

Najib belanja u all eat cakes but some want to eat cheese cake instead

Sapura Energy owners’ stake increase a good sign !

Insider keeps buying ....non stop . PNB and ASB and BOD ....all want to eat this cake ! Hahaha....pn17 my foot !

Insider massive accumulation ...special announcement soon ?

Less one BoD , who is next ?

One less useless and incompetents bugger to leach sh !

Who is silently collecting at 0.055? Major announcement soon ?

Major SH disposing 10mils of share daily...why SC no announcement ?

Court case dismissed ...Business as usual .

Take over very likely

Big fish collecting ....get ready

This morning sold 100 lot at 0.15 ...cut kuku but now sell now even worst

Even 0.005 sen who dare touch ? Accounting issues

Buy to lose , losers guaranteed trade pls buy more

Day low 0.110 all bought in this morning keong gan liao

Another few bite the Dusts...many got trapped at pent house dun know what to do ...

Pity those trap or lose everything and those evil heartless buy call ...

Hahaha ...Bursa is merciless on all PN17 convicted counters , I will not take any risk even if the PN17 status is revoked which is 1 in a million chances. Move on.or lose all ....

Big Fish will run road delaying or denying any wrong doing while those still holding on believing will lose everything in the end ....trust me learn from experience

Another Serba copy cat ..the ending is sad

Parkson PN17 ...gone case.

MUI will thrive soon.....simply becoz it's not managed by incompetence bumis

Who wanna burn your money or throw your money into the blue sea ? Dozo...

Sold all bought MUI no more bumi managed stocks ...all muflis soon to be !

Bank loan cannot approved how to pay supplier ?

Left nothing to.sell.later....maybe EPF disposing for rm10k

Delisting on 20 the Aptil

6.5 mil done at 0.055...confirm insider collecting

The Proposed Private Placement is expected to result in an interest saving of
approximately RM0.98 million per annum and hence have a positive impact on the Group’s
financial position in the future.
Premised on the above, the Board is of the view that the Proposed Private Placement will facilitate
the Group to maintain its creditworthiness with its lenders for the continued availability of credit
facilities to fund its business operations which is expected to improve the business and financial
performance of the Group and thus enhance the shareholders’ value in the future.
2.2
Adequacy of the Proposed Private Placement in addressing the Company’s financial concerns
The Proposed Private Placement will enable the Group to raise additional funds from third party
investor(s) expeditiously for the purposes as set out in Section 3 of the Announcement. As at 30
September 2021, the Group has approximately RM141.80 million in cash and bank balances
(inclusive of deposits pledged with financial institution) which will be sufficient to meet its shortterm obligations. Although the Proposed Private Placement will not substantially turn around the
Group’s financial performance, it is adequate at this juncture as an interim measure to reduce the
Group’s existing indebtedness and ensure business continuity is not affected by cash flow
constraints.
As disclosed in Section 5.8 of the Announcement, the Group has undertaken and is undertaking
various measures to improve its financial performance and strengthen its financial position amid
the challenging environments faced by the hospitality and tourism industry as well as the retail
industry in particular. These include, amongst others, the implementation of various cost cutting
measures by the Group, the Proposed Disposal, the opening of new experiential retail store by
Metrojaya at LaLaport BBCC in Kuala Lumpur tentatively in the second quarter of 2022 and the
Proposed A&W Acquisition.
Hence, the Board is of the view that these concerted measures coupled with the efforts to pare down
bank borrowings via the proceeds from the Proposed Private Placement and further fund raising
exercises in the future, if necessary, will support the Group’s aim to strengthen its financial
performance and financial position in the long term.
This announcement is dated 7 February 2022

“The thing about private placement is that it is only for a selected few or qualified investors, so somehow, it sometimes raises questions on who they are.

“A private placement is always a privilege to a selected few whereas a rights issue, which goes to every shareholder, is a fairer way of fundraising, in my view, ”

Relax ...the Mega Show is about to be announce soon ...you were not be disappointed ...I oledi taken the whole front rows ...hahaha

https://fb.watch/aJ1Uz0VULH/

Hongkie guy and some fund on margin call ...bankers busy asking to top up or force sell ...kesian

Brace , brace , brace for crash landing !!!

Where or who will fund AA in the future since pn17 ??? How to operate at a loss ? Gone case ?

No wonder too many flight reschedule or cancellations lately .....caution gaisss

This in turn will reduce the indebtedness and repayment obligation of the group, and thereby improving the liquidity position of the group moving forward," added MUI.

MUI's shares closed unchanged at seven sen, with a market capitalisation of RM205.28 million. The stock has fallen 30% year to date.

Relax....mui mui is catching up ....havent you heard of the tortoise and rabbit story ? lolz

possible likely there are 3 groups of people here.
1) investor who know what is going on and are patient of the development.
2) People who got hurt badly due to losses and are not emotionally unstable and make sure no one benefited from it, hoping every one will be like them. In Chinese proverb, say that grape is sourer cos they don't get to try.
3) Apportunist who wanted to benefit from others suffering. Meaning to say profit if you sell cheap cheap and this group of people is the most dangerous cos they like devourer waiting for its prey and most greedy people here. In chinese proverb, you die your own problem

Viewer, do your valuation of which group of people are you in.

I think I am spot on.