Posted by speakup > 2022-09-27 09:47 | Report Abuse

as much as i dont like bailouts. this company is too big to fail for malaysian standards, too many repercussions if allows to collapse

Posted by Windy1974 > 2022-09-27 10:09 | Report Abuse

For me it is not just a matter of too big to fail but indeed Sapura possess the quality as a competitive global O&G player. I speak from experience from over 10 years dealing with Sapura from when they were Kencana.
KLSE is full of companies in the right industry but failed to perform. Hence, it's never easy to invest in KLSE even if you are not a speculator. So, always look for Management with integrity (Most of the time you need market info). I can accept company failed but not when it's spent on Bugatti. Of course, it's different if the Bugatti is for me lah

Posted by speakup > 2022-09-27 10:59 | Report Abuse

Petronas should take over SAPNRG, then help it recover, then sell it to funds, IPO, etc.

Posted by DickyMe2 > 2022-09-27 13:53 | Report Abuse

This company is gone long time ago. It is erected and maintained like a house of cards. Coma patient on life support analogy applies. Too much public money wasted to maintain ego and to safe a particular community.

Posted by Thiam Seng Au James > 2022-09-28 12:21 | Report Abuse

All public companies cannot be save by the Govt! If they don"t know how to run their own business...let it dissolve! Sapura Group is like MAS. Waiting for MONEY to fall into their laps!