Posted by billionman > 2022-06-01 15:07 | Report Abuse

if

Posted by cicakman > 2022-06-01 15:08 | Report Abuse

If want it move up then we should buy.
Keep on selling won't help.
Top up bit bit and give support is the best.

Posted by strattegist > 2022-06-01 15:10 |

Post removed.Why?

Posted by cashflow > 2022-06-01 15:11 | Report Abuse

Bargain price! Sapu la. Anytime in coming days

Posted by billionman > 2022-06-01 15:15 | Report Abuse

true...but hoping again..the facts dictate the other way round

Posted by cashflow > 2022-06-01 15:17 | Report Abuse

Politicians are market drivers. BN and UMNO would lose their election grip if they don’t adhere to their motion for assistance package. Opposition will crush them for the fake promises.

Posted by cicakman > 2022-06-01 15:21 | Report Abuse

Japanese keep attacking Pearl Harbour.
Stay strong ..Good.

Posted by 7chewe > 2022-06-01 15:24 | Report Abuse

https://www.bharian.com.my/bisnes/korporat/2022/06/961586/sapura-energy-yakin-kembali-pulih

Sapura Energy yakin kembali pulih
5-6 minutes 6/1/2022

"Kumpulan turut mencari sumber dana baharu untuk membiayai rancangan perniagaan berikutan ia bercadang menstukturkan semula perniagaan dan memperkemas operasi," kata Mohammad Azlan dan Mohd Anuar.

-BERNAMA

Posted by Runnerup > 2022-06-01 15:25 | Report Abuse

To be rename Sapulah .... 0.01 .....

Posted by cashflow > 2022-06-01 15:30 | Report Abuse

Just topped up Rm100K

Posted by billionman > 2022-06-01 15:57 | Report Abuse

hahaa..legacy contracts?????? these are the stumbling block.... ..
this eats operational cost still burning to fulfil obligations of the contract. Unless both parties reconsider or revisit term of contract.

Posted by billionman > 2022-06-01 15:59 | Report Abuse

legacy contracts till 2023....revenue fm this? at the moment the company burning cash......

Posted by kyliew > 2022-06-01 16:00 | Report Abuse

Maybe 2 new BODs appointee behind "someone" will join after this then it starts to rally

Posted by cicakman > 2022-06-01 16:07 | Report Abuse

Can topup bit bit larr.

Posted by flizzow > 2022-06-01 16:43 | Report Abuse

Tomorrow que at 0.065...panic sell pleaseeee

Posted by billionman > 2022-06-01 16:44 | Report Abuse

hahaaa deadmeat for hawks

Posted by billionman > 2022-06-01 16:45 | Report Abuse

tomorrow ..we shall see dipping south ..into the duzzzzbin

Posted by billionman > 2022-06-01 16:46 | Report Abuse

if consolidation come...dead ayooyy

Posted by billionman > 2022-06-01 16:47 | Report Abuse

base share too ennomous 15, 979 million shares...woww

Posted by nicholas99 > 2022-06-01 16:49 | Report Abuse

pn17 still can 0.07. haha

Posted by nicholas99 > 2022-06-01 16:49 | Report Abuse

government no money. GST also want come back already.. they don't dare implement GST before election.

Posted by cicakman > 2022-06-01 16:54 | Report Abuse

8 cts True
7.5 cts True
7 cts True

So it is considered a sell.
So how tommorow.

Posted by Legend > 2022-06-01 16:57 | Report Abuse

Relax...minum kopi dulu.

Posted by Mabel > 2022-06-01 17:02 | Report Abuse

Ya lor

PChem got good news share no climb
Icon got good news share no climb
Sap got good news share no climb
Serba no good news share climb

So How?

Meow Meow Meow

Posted by freddiehero > 2022-06-01 17:03 | Report Abuse

ini kan kfc Tambah Rasa BBQ

Posted by Runnerup > 2022-06-01 17:03 | Report Abuse

Shark , What lau leh ,Let play till 20 cens above why dump so fast . ...

Posted by freddiehero > 2022-06-01 17:05 | Report Abuse

itu lobster favourite tast still under discuss, Mayb under processing

Posted by Loh Kok Wai W > 2022-06-01 17:05 | Report Abuse

Sapura Gettig small???/ 20=1, 30=1 ....

Posted by freddiehero > 2022-06-01 17:06 | Report Abuse

ini kan elephant style

Posted by freddiehero > 2022-06-01 17:07 | Report Abuse

if like daya 100=1 ade kantao?

Posted by cicakman > 2022-06-01 17:27 | Report Abuse

Cronies has been collecting since late Feb until mid May at 3.5-5 cts
You think they just keep quiet and keep it after making 100% profits?
If you to total up most of it since then,possibility can go down further.
With the profits and capital they will at least can double up the buying vol
later and duoble up their profits.

Posted by nicholas99 > 2022-06-01 17:34 | Report Abuse

long story short. run first.

Posted by cicakman > 2022-06-01 17:37 | Report Abuse

If you makes profit 50 -100% profit do you take profits or still
want to wait.
Feb to early May vol are high and most of it are in money.
You think all news will be in favour of you cz you buy?
Then wait for the news,if good then buy if no good bye bye.

Posted by Tripaka > 2022-06-01 18:11 | Report Abuse

Another sumatec in the making.

Posted by cashflow > 2022-06-01 18:17 | Report Abuse

Sumatec is not owned by Gomen. Sapura is. Najib is right, as he had commented on Siltera. Gomen need to buffer the working capital and turnover the company. Business was bad during downturn, but why sell asset when market is booming. They only need working capital to roll, and with new contract rates and T&Cs with current market, can easily recover those losses over years.

Posted by Tobby > 2022-06-01 18:19 | Report Abuse

I read that Petronas not interested to bail out Sapura! Instead they will focus on buying the assets on sell! So go figure!

Posted by billionman > 2022-06-01 18:28 | Report Abuse

hahaaaa...paying ceo and BOD in millions in emolumen etc etc..most BOD Ceo all abandoning ship..fatter.... hahaaaa.

Posted by billionman > 2022-06-01 18:30 | Report Abuse

RM billions bro... .not millions....... compny make bz for profit..but in this case..snow balling debt be fallen digging deep.... hayaaaa run run

Posted by billionman > 2022-06-01 18:31 | Report Abuse

what do u expect....facts are hard to digest..only hope..hope..lastly becoming hopeless

Posted by freddiehero > 2022-06-01 18:52 | Report Abuse

sometime pisang goreng sedap than kdc

Posted by BobAxelrod > 2022-06-01 19:49 |

Post removed.Why?

Posted by Depeche > 2022-06-01 20:25 | Report Abuse

2 new high calibre INEDS appointed... thumbs up

Posted by EVO118 > 2022-06-01 20:39 | Report Abuse

My question is what are those two high calibre (according to their history) individuals jumping into this potentially dying company soon to be terminated?

Posted by Bright888 > 2022-06-01 20:48 | Report Abuse

Dying but still got heart beat.......

Posted by 7chewe > 2022-06-01 20:56 | Report Abuse

INEDs

ROHAIZAD BIN DARUS

1. Degree - Engineering [Bachelor of Science in Mechanical Engineering, California State University, Long Beach, USA]

In his career spanning over 30 years, he has worked with both local and multinational companies. These include PETRONAS Gas, SapuraKencana, a predecessor to Sapura Energy Berhad, and Velesto Energy Berhad. He has also served Texas Instruments and Esso Production Malaysia. Rohaizad's experience covers most aspects of upstream activities which include soil investigations, hydrographic surveys and underwater diving services. He also spent significant time in offshore construction activities including transportation, installation and commissioning of platforms, pipelines and cables as well as maintenance of offshore and onshore facilities. He was also responsible for managing marine vessels performing construction heavy lift, pipelaying and providing crew accommodation. Prior to his retirement, his responsibilities include overseeing operations of drilling rigs and workover operations. On the corporate side, his experience includes managing Initial Public Offering (IPO), rights issue, syndicated loans and corporate restructuring, including demerger and capital reduction exercise. Rohaizad's last position prior to his retirement in February 2022 was as President of Velesto Energy Berhad, a position that he held since 2012. Velesto Energy Berhad is involved in offshore drilling, well intervention and oilfield service activities. Prior to joining Velesto Energy Berhad in 2012, he was the Chief Executive Officer of Offshore Construction Division of SapuraCrest Petroleum Berhad. Presently, he is actively involved in the oil and gas industry as Advisor to the Malaysian Oil and Gas Services Council (MOGSC), member of Industry Advisory Panel of Malaysian Petroleum Resource Corporation (MPRC) besides being Adjunct Professor at Universiti Teknologi Petronas.

LIM FU YEN


1. Degree - B.A. (Honors) in Engineering Science and Honors Economics [John Davis Scholar Dartmouth College New Hampshire, USA]

2. Masters - Business Administration [Stanford Graduate School of Business California, USA]

Mr Lim Fu Yen was attached to Ekuiti Nasional Berhad (Ekuinas) from April 2014 to July 2020. He has extensive experience in investment, business management, financial restructuring, and operational turnaround with his last position as Senior Director (Investment) of Ekuinas. He was the Chief Subsidiary Management Officer (CSMO) of Tenaga Nasional Berhad from August 2020 to August 2021. As CSMO, he oversees the performance improvement of 12 TNB subsidiaries across 4 sectors; including Manufacturing, Services, Power, and Telco. Mr Lim is currently the Independent Non-Executive Chairman of Malaysian Transformer Manufacturing and Director of Malay-Sino Chemical Industries.

Posted by EVO118 > 2022-06-01 21:09 | Report Abuse

What are they doing here? Is the offer too lucarative that they cannot resist and are prepared to tarnish their credentials for the sake of the $$$? If it is close to Shahril then I will understand. Only problem is we don't have that kind of $$$

Posted by billionman > 2022-06-01 21:33 | Report Abuse

..

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Sapura Energy is now a PN17 company

Sapura Energy is now a PN17 company



Wednesday, June 1st, 2022 at Markets | News

Sapura Energy Berhad is now a PN17 company, making it the 26th admission in the list to-date.

Bursa Malaysia Securities Berhad (Bursa Securities) said that the company has triggered the criteria pursuant to Paragraph 2.1(e) of Practice Note No. 17 (“PN17”) of the Main Market Listing Requirements of Bursa Securities (Main Market Listing Requirements).

“Bursa Securities would like to emphasise that it will continue to monitor the progress of Sapura Energy in respect of its compliance with the Main Market Listing Requirements,” it said.

As at  June 1, 2022, there are a total of 28 companies under PN17 and GN3 which represent 3.02% of the total number of 928 companies listed on the Main and ACE Markets of Bursa Securities.

List of companies under PN17:-
1. AIRASIA X BERHAD
2. ASIA MEDIA GROUP BERHAD
3. BARAKAH OFFSHORE PETROLEUM BERHAD
4. BERTAM ALLIANCE BERHAD
5. BRAHIM’S HOLDINGS BERHAD
6. CAPITAL A BERHAD (FORMERLY KNOWN AS AIRASIA GROUP BERHAD)
7. CHINA AUTOMOBILE PARTS HOLDINGS LIMITED
8. COMINTEL CORPORATION BERHAD
9. DOLOMITE CORPORATION BERHAD
10. E.A. TECHNIQUE (M) BERHAD
11. FSBM HOLDINGS BERHAD
12. IQZAN HOLDING BERHAD
13. IREKA CORPORATION BERHAD
14. JERASIA CAPITAL BERHAD
15. KHEE SAN BERHAD
16. KONSORTIUM TRANSNASIONAL BERHAD
17. MALAYSIA PACIFIC CORPORATION BERHAD
18. PERAK CORPORATION BERHAD
19. PROPEL GLOBAL BERHAD (FORMERLY KNOWN AS DAYA MATERIALS BERHAD)
20. SAPURA ENERGY BERHAD
21. SCOMI ENERGY SERVICES BHD
22. SCOMI GROUP BERHAD
23. SEACERA GROUP BERHAD

Posted by billionman > 2022-06-01 21:33 | Report Abuse

Listed no 20..... life is tough

Posted by cicakman > 2022-06-01 21:43 | Report Abuse

Why turtle not in?

Posted by cashflow > 2022-06-01 22:01 | Report Abuse

Haiya, all big companies are here. The government has lack its attention to boost domestic and foreign investments in KLSE. The government themselves are holding major stakes in most of these counters. They need to provide assistance package to revise the companies, otherwise there would not be anymore local companies flowering in Malaysia. Better just close Bursa market and go to Central Market play 4D